And that comes from the research and development. We need to massively increase the number of semiconductor technicians that we train, the number of material scientists and chemists and physicists and engineers that we train because we not only need to get back our edge, but we need to maintain our edge for the long run. We are not going to be satisfied by just creating a few new factories in the United States. At least two really deep manufacturing clusters in the United States where we have the suppliers to the semiconductor fabs, the actual factories themselves, as well as packaging and testing all in the United States, and very importantly, the research and development and the talent pipeline that goes with that. The locations will be up to the companies. So the conditions that we've imposed are all designed to make these projects more effective, more efficient, more productive. And they want us to help them to develop these workforce plans. I hear from them that they want workforce plans. What I hear from industry leaders is child care is a good idea because they're struggling to fill their open positions and they need to have more creative ways to attract and retain women.

I have not heard that from industry, not at all. I have heard from certain politicians that the conditions are a problem. Obviously, not everybody who wants money will be able to receive it. GINA RAIMONDO: We've received over 200 statements of interest from companies in America and all over the world saying that they would like to participate.

In addition to the CHIPS Act, Raimondo sat down with Yahoo Finance to comment on the outlook for AI, the debt ceiling debate, the threat from China, and more.

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