US Needs More Chips Funding as AI Fuels Demand, Raimondo Says
(Bloomberg) -- Commerce Secretary Gina Raimondo said that the US will need continued investments in semiconductor manufacturing to regain global leadership and meet demand from artificial intelligence technologies. Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseStocks Fall as ‘AI Gold Rush’ Faces Nvidia’s Test: Markets WrapLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for