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Biden Makes $11 Billion Push to Beat China at Chip Research

(Bloomberg) -- The Biden administration’s efforts to revitalize the chip industry have mostly focused on doling out multibillion-dollar grants for domestic factories. But there’s a less-discussed side to the push: turning cutting-edge semiconductor research into a more enticing field for Americans. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Ag...
United States San Francisco Deirdre Hanford Alex Padilla Ian King Daniel Berger
Source: yahoo.com

Raimondo Says Huawei's Chip Breakthrough Is Years Behind US Tech

(Bloomberg) -- US Commerce Secretary Gina Raimondo said Huawei Technologies Co.’s latest phone shows that China remains behind on cutting-edge chip technology.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeTrump Has Only $6.8 Million for Le...
United States South Korea Bloomberg Businessweek Alan Estevez Joe Biden Gina Raimondo
Source: yahoo.com

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