Tim Teter News Today

As the trillion-dollar chipmaker faces more scrutiny, it may be looking to flex its muscles in government affairs.

Markets no longer have priority over national security, and economic interdependence with Beijing is considered a threat at the very least.

Since July, Nvidia, Intel and Qualcomm, three of the worlds largest chipmakers, have pressed their case that cracking down on China would have unintended consequences.

Nvidia, Intel and Qualcomm are campaigning to protect their businesses before further crackdowns on the sale of semiconductor technology to Beijing.

Companies such as Nvidia, Intel and Qualcomm have warned that a US pullback could accelerate Chinas development of an independent chip industry, paving the way to a world dominated by Chinese-created chips rather than American-designed chips.

US chip companies ask Biden for a handout The SIA has sent a letter to President Joe Biden asking for government support for the semiconductor industry. Here is the letter: The White House Dear Mr. President: As your administration formulates an economic recovery and infrastructure strategy, the leaders of the U.S. semiconductor industry call on you to include robust funding for semiconductor manufacturing and research. Semiconductors are critical to the U.S. economy, American technology leader...