Germany plans to spend billions to subsidize its chip industry and secure the “oil of the 21st century”, as some believe the move does not make economic sense (Guy Chazan/Financial Times)

Guy Chazan / Financial Times:
Germany plans to spend billions to subsidize its chip industry and secure the “oil of the 21st century”, as some believe the move does not make economic sense  —  The Scholz government is spending billions subsidising the country’s semiconductor industry.  Some believe it does not make economic sense