A supply chain is only as strong as its weakest link, and the US can’t build semiconductors without chemicals.
Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. A former M&A reporter for Bloomberg News, she writes the Industrial Strength newsletter.
TSMC’s new semiconductor plant in Phoenix is expected to receive billions of dollars in incentives and tax credits under the Chips Act.
Photographer: Caitlin O'Hara/Bloomberg
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It’s currently unthinkable to make semiconductors at scale without fluoropolymers and other chemical-based building blocks. But the proposed Treasury Department language for the Chips Act manufacturing tax credit seems to imply that companies should try.
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