Get the latest tech news
USA spending more on semiconductor production in 2024 than the previous three decades combined
The US government has been pouring money into semiconductor production at an unprecedented rate this year in its bid for dominance.
As part of its ongoing battle with China for global supremacy in the semiconductor industry, the United States government has been pouring money into domestic chip manufacturing at an unprecedented rate, according to a recent report from the U.S. Census Bureau. The “Chips Act is attracting an insane amount of investment,” posted Martin Chorzempa, a Senior Fellow at The Peterson Institute for International Economics in Washington D.C. A seasoned technology writer and content strategist, he has contributed to many UK regional and national publications including The Scotsman, inews.co.uk, nationalworld.com, Edinburgh Evening News, The Daily Record and more.
Or read this on ReadWrite