semiconductor industry
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Biden Looks to Close China’s Underground Loophole for Receiving American Chips
President Joe Biden is reportedly considering a new measure that hopes to block the small number of American chips that still make their way to China, in spite of an export ban, according to Reuters Friday. A United States rule restricting the export of advanced chips to China was revised this week, and yesterday went…
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Intel Plans $28 Billion Factory in Ohio to Accelerate Domestic Chip Manufacturing
Intel will invest $US20 billion (around $28 billion) in a sprawling new processor manufacturing facility outside Columbus, Ohio, according to an announcement from the tech giant early Friday. The plant, billed as the single largest private-sector investment in Ohio’s history, is expected to create 3,000 jobs, based on the company’s projections, not including at least…
