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Innovate or Evaporate host Toph Day talks with Indiana Sen. Todd Young about the CHIPS and Science Act and the push to strengthen U.S. semiconductor supply chains, compete with China and support advanced manufacturing across the heartland. Young also discusses rare earth and critical mineral supply, the Ships for America Act and why rebuilding shipbuilding matters for economic and national security. The conversation closes on Indiana’s new drone testing corridor linked to Atterbury, Purdue and Crane, plus how AI, biotech and hard tech manufacturing could shape the state’s next wave of growth. 00:00 Ships for America & National Security Goals 00:33 Introducing the Guest & Episode Premise 01:40 Senator Young's Background and Perspective 05:06 Early Military & Government Experiences 09:01 Regional Innovation & Opportunity in Indiana 10:04 The Origin & Vision Behind the CHIPS Act 12:10 Supply Chain Resilience & Lessons from COVID 16:04 Investments and Progress on CHIPS Act 18:48 America’s Rare Earth Mineral Challenges 21:26 Domestically Securing Supply Chains 21:28 Rebuilding American Shipbuilding 25:25 Opportunities in Indiana Shipbuilding 27:08 Reviving Manufacturing & National Inclusion 28:10 Indiana as a Drone Innovation Test Site 30:22 The Rise of Indiana’s Tech Corridors 31:46 Indiana’s Strengths & Future Opportunities 34:46 U.S. Manufacturing Mindset & Global Tech Revolution 36:39 Indiana’s Healthcare & Biotech Innovation Ecosystem 39:04 Bipartisanship and Collaboration in Congress 41:12 Rapid Fire: Habits for Innovation & Disruption 43:36 Aspirations for Technology and Global Good 43:59 Final Thoughts & Episode Wrap Up