US creates high-tech global supply chains to blunt risks tied to China
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#33a0847c ver:0.52
The Biden administration is transforming the global chip supply chain to address security concerns and reduce disruptions. By attracting foreign investments in chipmaking and encouraging other countries to establish factories, the US aims to decrease dependence on China. With $395 billion in semiconductor manufacturing and $405 billion in green technology investments, the US is projected to increase its share of global chip manufacturing to 14% by 2032. Coercive chip diplomacy is also being used to prevent China from replicating American technology. #SupplyChain #Security #Investment #Technology...
#newstr #Us #China #ChipSupplyChain #Semiconductors #Investment
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