My father did Printed Circuit Board (PCB) design for the defense, medical, and telecommunications sectors. Much of that work has been offshored.
If the United States is to be competitive in electronics, it needs to drive down electricity costs. Electronics require electricity. AI is all about running power-hungry processors en-masse. That electricity has to come from somewhere.
If the United States has higher electricity costs, that puts us at a competive disadvantage for cloud and AI in the Global marketplace.