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Fmr. WH CHIPS Coordinator Ronnie Chatterji on U.S.-China chip war: The export controls are working

·1 min

The Biden administration has announced a $162 million investment to expand chip factories in Colorado and Oregon. This move is seen as part of the ongoing U.S.-China chip war, as the United States aims to boost domestic chip production and reduce reliance on foreign suppliers. The investment is expected to increase chip production capacity and improve supply chain resilience. With the global semiconductor shortage highlighting the importance of chips in various industries, increasing domestic production is seen as a strategic move for the United States.