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Congress Is Giving Billions to the Chip Industry. The strings Are Attached.
The industrial policy debate is back in Washington and a massive semiconductor and science bill grants the government new authority over a strategically important industry. WASHINGTON Amid an escalating shortage of semiconductors and while lawmakers debated the need to increase U.S.-based manufacturing of chips, Intel went to the Biden administration with a plan that some officials considered to be deeply alarming. Intel has informed Commerce Department officials that it is…
Biden Administration Releases Plan for $50 Billion Investment in Chips
The Commerce Department issued guidelines for companies that are seeking federal funds aimed at strengthening the industry of semiconductors in the US. WASHINGTON – The Department of Commerce on Tuesday…
Chine is overtaking the U.S. in key technologies
While Congress was debating how and when to help American chipmakers as well as research into other technologies, China was surging ahead. In the months prior to when the House…
Dutch supremacy in chip making. U.S. and China battling over the technology
A chip-making machine worth $150 million made by a Dutch company has turned into an instrument in the U.S.-Chinese battle. It also shows how ingrained the supply chain in the…
TikTok Seems to Be Moving Toward U.S. Security Deal. But Hurdles Remain
Under review is a draft agreement between the Biden administration and China to ensure that the video app, which is owned by China, continues to be available in the United…
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