Indiana now wants to catch up to other places that have landed big chip manufacturing plants. The push is supported by Senator Todd Young, a Republican from Indiana, who was a co-author on the CHIPS Act and has been a leading voice on increasing funds for tech hubs. Companies and universities in Indiana have applied for multiple CHIPS Act grants, with the aim of winning awards not only for chip manufacturing but also for research and development. Those regions succeeded because of their strong academic research universities, big anchor companies, skilled workers and investors. He added that the federal government’s plan to initially put $500 million into tech hubs was too small and estimated it would take $100 billion in government aid to create 10 sustainable tech hubs.

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Persons: Todd Young, Biden, ”, Mark Muro Organizations: Republican, Companies, Biden, Indiana, Indiana Chamber of Commerce, Brookings Institution Locations: Indiana, Silicon Valley, Boston