The administration of US President Joe Biden intends to grant billions of dollars in subsidies to major semiconductor companies in the coming weeks, to help them build new factories in the United States, according to what the Wall Street Journal reported ...
This step comes with the
aim of supporting the advanced semiconductor industry that operates
smartphones, artificial intelligence, and weapons systems in the United States,
which contributes to enhancing the country’s economic and national security.
Companies that may
benefit from these subsidies include Intel, Taiwan Semiconductor Manufacturing
Company, and Samsung Electronics.
US President Joe Biden
has considered the manufacture of semiconductors a matter of "national
security", especially in the face of Chinese ambitions.
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