Page 24 - Mark Muro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Land of the free market outpaces UK’s muted ‘levelling up’ with funding to leverage power of universities in struggling regions

Texas: Four-Part Harmony:  Incentives, headquarters, semiconductors and workforce training headline some of the stories in a state chock-full of them.

As Intel builds a $20B semiconductor plant near Columbus, Cincinnati is gearing up to bid for federal designation as a technology hub. One expert says Cincy has 'interesting potential.'

This summer's passage of US legislation to boost spending on semiconductors and science could pave the way to deeper transatlantic cooperation on key technologies, analysts say. At first blush, the $50 billion US CHIPS Act - aimed at catalysing the country’s domestic semiconductor industry - would appear to exclude international collaborations, but that is far from the case, policy experts said.

Breakthroughs in robotics and artificial intelligence will only accelerate the trend, threatening perhaps the majority of jobs in the decades ahead.