Consider This from NPR Can America Win The Chips Manufacturing Race?
Mar 21, 2024
Gina Raimondo, the U.S. Commerce Secretary, discusses the pivotal CHIPS and Science Act aimed at revitalizing American semiconductor manufacturing. She highlights President Biden's $8.5 billion investment in Intel to boost production across several states. The conversation dives into the ambitious goal of achieving 20% of the world's leading-edge chips by 2030 and addresses challenges like global competition and talent shortages. Raimondo emphasizes the critical connection between semiconductor manufacturing and national security, urging for accelerated domestic production.
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Biden's Chip Investment
- President Biden awarded Intel $8.5 billion to boost U.S. chip production.
- This investment aims to revitalize American semiconductor manufacturing after 40 years.
U.S. Chip Production Goal
- The U.S. currently manufactures zero leading-edge chips, but aims for 20% by 2030.
- This ambitious goal necessitates significant changes in domestic chip production.
National Security and Chips
- Commerce Secretary Gina Raimondo emphasizes the national security importance of domestic chip production.
- Reliance on Taiwan and Korea for chips poses a security risk.