The United States' dependency on semiconductor imports, particularly from Taiwan, has been highlighted as a critical issue, with suggestions to enhance domestic production through legislative measures like the CHIPS Act and regulatory changes. Commerce Secretary Gina Raimondo has expressed concerns over this dependency, emphasizing the role of semiconductors in national security and the economy. The U.S. has implemented export controls to prevent the sale of products containing American semiconductors to countries like Russia and China, citing national security risks. Raimondo's recent statements on a '60 Minutes' interview underline the ongoing efforts to block these nations from accessing advanced U.S.-designed microchips. Additionally, Raimondo announced new $100 billion initiatives to boost domestic chip manufacturing and extend high-speed internet throughout the country as part of a broader strategy to maintain technological and economic leadership.
The Chip Comeback - @LukePatey takes an in-depth look at how the CHIPS Act is working (or not) in the US as countries like Japan are also making huge efforts to rebuild their manufacturing capacity in this area. Our cover story this week @thewirechina https://t.co/5fzfU1GIlY
China is still years behind the U.S. despite Huawei's breakthrough chips, Raimondo tells '60 Minutes' https://t.co/jpaKnPtx32
Commerce Secretary Gina Raimondo on U.S. microchip production, blocking of sales to China, Russia https://t.co/YUOBfGFTQX
Semiconductors eat the world part 95 More prime time chip coverage 👊🏻 The battle for chip supremacy between the U.S. and its allies is the front in which the war for economic and national security leadership on a global scale resides. Some tough questions here for Secretary… https://t.co/JGGSnhDvnM
🚨🇨🇳 CHINA USED SECRETARY OF COMMERCE GINA RAINMODO'S PHOTO TO PROMOTE HUAWEI PHONES Raimondo: "We have the most sophisticated semiconductors in the world. China doesn't. We've out-innovated China." Lesley Stahl: “Well, ‘we,’ you mean Taiwan?” https://t.co/Yfm1GjZm0L
Commerce Secretary Gina Raimondo told "60 Minutes" she's focused on preventing the governments of China and Russia from obtaining U.S.-designed advanced microchips due to national security concerns https://t.co/wqM7kKWrE7
Commerce Secretary Gina Raimondo’s new $100 billion initiatives: ▪️ Build up domestic semiconductor manufacturing ▪️ Extend high-speed internet throughout the country https://t.co/9qj0hNxRL3 https://t.co/TWx8WiYl5s
When President-elect Biden called Gina Raimondo about being his Commerce Secretary, her first thought was: "What does the Commerce Secretary do?" https://t.co/uxL0UUmjfl https://t.co/yeOFbF4eCB
"We have the most sophisticated semiconductors in the world. China doesn't. We've out-innovated China,” boasts Secretary Gina Raimondo. “Well, ‘we,’ you mean Taiwan?” asks Lesley Stahl. https://t.co/EDaqi9Cj9W https://t.co/Ao31Vx9gQN
"We know they want these chips and our sophisticated technology to advance their military," says Commerce Secretary Gina Raimondo, defending the ban on advanced chip sales to China. https://t.co/CetYxza8lg https://t.co/5b8cwxaT3L
Looking forward to watching tonight's "60 Minutes" interview with Commerce Secretary Gina Raimondo. Here's the profile that @jendeben and I wrote last March for @BW: https://t.co/BT9T3cch8W
"Every drone, every missile, every tank has semiconductors in them," says Secretary Gina Raimondo. The U.S. Commerce Department expanded export controls to stop the sale of products with American semiconductors to Russia after the invasion of Ukraine. Tonight on 60 Minutes. https://t.co/Ua0gPjQpqP
Computer chips are a national security issue, but the solution isn’t just more chips | Opinion https://t.co/8V2G8I56va
US Commerce Secretary Gina Raimondo is upset by this: https://t.co/EZa4ewuQf6
The United States could seek to supplement the CHIPS Act by pursuing legislation or regulatory changes that incentivize companies to procure domestically manufactured chips, write @DavidMSacks1 and Seaton Huang. https://t.co/FtAnX7mrNT
Despite the critical importance of semiconductors, the United States remains highly dependent on imports to meet domestic demand—especially from Taiwan, write @DavidMSacks1 and Seaton Huang. https://t.co/ih3drZ1jit