Direct and collateral effects of the CHIPS act
But the future might not be so bright for Taiwan
In context: The tech industry is still suffering from a microchip shortage, and Europe is getting ready to invest a lot of billions to free itself from external dependencies. The EU Council will now need to negotiate with the European Parliament to decide its final proposal.
Federal incentives persuaded Micron to build in the US
Google's money will be used to fund industry innovation
The event officially broke ground on Intel's new $20 billion Ohio investment
"We resolutely oppose the US' restrictive actions targeting certain countries"
SK Hynix would qualify for Chips Act funding
US Senate passes CHIPS Act to boost domestic semiconductor manufacturing as relations with China worsen
President Biden is expected to sign the bill into law next week
A potential scenario if China ever invades Taiwan
Companies that operate in "unfriendly" countries won't see any benefits
The Taiwanese company's ambitions are key for the future of US chip manufacturing