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well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i'm glad you mentioned cost, because there's a reason that the supply chains move to asia in the first place, isn't there? are you confident tha...

in computing, it will try to apply those to intelligence capability then to military systems, since that's what all great powers have tended to do in the past. linghao, if i can bring you in, how are the us efforts to try and prevent china from advancing and chip technology affecting chinese companies? i think the most famous example is huawei, right? the company was cut—off from getting advanced chips for a smartphone. and to give you a bit of context, like how impactful that was, at that time, huawei was the second largest smartphone maker in the world, after samsung. but now, hu...

is one of the most extreme there is, where you are not where the majority of americans are, that is extreme. >> joe biden flips the script and talks about maga, ultra-maga, trump and making it about anything other than joe biden, this is political play, obvious what it is and they will try to drag this down everybody's throat. >> todd: griff jenkins has more from washington. >> griff: turn on the red light, history will remember strangely lit speech outside of independence hall and remember president biden attacked his predecessor warning they are a threat to democracy. >> president ...

Much for watching. Our Special Coverage continues right now on plead with jake tapper cnn Breaking News and welcome to the lean. Im jake tapper, the criminal hush money coverup trial. A former President Donald Trump is well underway right now in manhattan on the stand, right now is a man named douglas doubts he works for the Manhattan District Attorneys Office, but as opposed to previous days that were focused on bank records today. We are knee deep in shady deals and sleazy details mentioned today, were other Celebrity Scandals involving all cogen and Charlie Sheen more on that in a second. B...

The two historical allies also reached deals aimed at boosting cooperation to develop artificial intelligence, semiconductors and green technologies. Meanwhile, biden and kishida brushed off a dispute over nippon steels offer for us steel, saying the issue was not a majorfactor in their discussions. Wendy cutler, a former acting deputy us trade representative, said the us and japan have benefited from maintaining close ties. Absolutely. I think both sides come into this summit confident and both the president and Prime Minister and their Press Conference underscored the huge two Way Investment...