Watch ITIF's event at the Dirksen Senate Office Building (SD-562) as it released a new report exploring the promise of HPC in the exascale era, examining some of the latest cutting-edge applications of HPC, and articulating steps policymakers should take to keep the United States at the leading-edge of this highly globally competitive, yet truly foundational information technology.

ITIF hosted a discussion of what a robust national strategic-industry policy should—and should not—entail.

ITIF hosted a panel with a keynote speech by Rep. Adam Smith (D-WA), chairman of the House Armed Services Committee, followed by an expert discussion with leading defense and technology experts of the health of the current U.S. innovation and production system, including the defense industrial base, and what the new administration and Congress should do to strengthen it.

ITIF hosted an expert debate on these issues, featuring Daniel Gros, director of the Centre for European Policy Studies, who has argued that the United States must accept China’s rise, and ITIF President Robert Atkinson, who argued America and Europe must work together to constrain China, particularly its drive to dominate advanced technology industries.

ITIF hosted a discussion of these issues, including how U.S. businesses are likely to be affected and what the U.S. government should do in response. An expert panel will discuss a recent ITIF report arguing the United States and its allies should focus on rebalancing global supply chains, bolstering competitiveness, adjusting to China’s market size, and solidifying the West’s appeal.

Continued leadership in high-performance computing (HPC) as it enters the exascale era remains a key pillar of U.S. industrial competitiveness, economic power, and national security readiness. Policymakers need to sustain investments in HPC applications, infrastructure, and skills to keep America at the leading edge.

The CHIPS and Science Act provides critical support for semiconductor firms and boosts science funding significantly, especially for key technologies for U.S. competitiveness. But there are important questions about both the legislation and the overall direction of U.S. industrial policy.

If a country is running a deficit, the value of its currency should fall to make imports more expensive and exports cheaper. Conversely, if a country is running a trade surplus, the currency should rise in value.

As the U.S. Congress hopefully finalizes a wide-ranging industrial policy legislative package, a number of pundits are pointing to Japan's economic performance as evidence that industrial policy is doomed to failure. But ITIF’s Hamilton Index tells a different story.

The United States can no longer afford to trade U.S. market access for geopolitical alignment, and other nations can no longer afford to stay on the sidelines as the United States does the hard work of limiting China’s economic, technological, and foreign-policy aggression alone.

While China surged ahead in 1995 in terms of advanced industry production, the current odds are stacked in India’s favour. If correct actions are taken, we can easily surpass China.

Over the last quarter-century, Korea's advanced-industry performance has been superlative and lags only behind Taiwan.