This is a very short-sighted point of view. $8B is about $50 per taxpayer; keeping the US semiconductor industry alive is a better investment - and more important - than whatever you'd spend it on.
I would wholeheartedly agree with you if my tax dollars were going to keeping the US semiconductor industry alive.
Instead we fed however many CHIPS' and other grants' billions of tax dollars to Intel and all we got were five digit layoffs and the ouster of the one CEO who ostensibly had the right idea.
Naw, fuck that. I want my tax dollars spent on anything else other than that or more wars.