Biden was part of this. Trump's plan is a rootless generalization of what Biden had tried. But instead of "high tech manufacturing", "national security", and "sanctions", Trump's trade war is based in "manufacturing", "making America great", and "tariffs". This is just CHIPS without the subsidies and a more unrealistic plan that isn't backed by NatSec blob. CHIPS has been an absolute failure too. It's simply mystified by the technocratic ghouls of the DNC where if you question them you're "too stupid to get it".

Biden literally put all his chips in the Intel basket. Intel the company who had been riding on financialization and market dominance for so long its bean counters forced it to sleep walk into a complete production failure -- then it was revealed that the same bean counters had painted it into a corner by cutting R&D. They have no answers to the architectural problems in their chipsets.