Semiconductors are found in all things electrical, from smartphones to Javelin missiles. So when there’s a short supply of the components, everyone feels it. That’s been the case for some time now, as a global pandemic, lurching supply chain, and geopolitical conflict have contributed to a dearth of semiconductors available on the market. Q2 2022 hedge fund letters, conferences and more The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) would aim to change all that, and it recently passed the Senate by a vote of 64 – 32. The legislation represents an opportun…