Research conducted by the Financial Times finds that as a result of the CHIPS and Science Act and the Inflation Reduction Act, the United States is attracting a significantly higher volume of new investments compared with 2019 and 2021, especially in the semiconductor and clean energy sectors.
As such, it has also affected the competitive landscape. Some business models that did well in the earlier state of the world find it harder going now. Part of the competitive advantage they had has been eroded by market developments.