Tag: chips

WATCH: Biden tells execs U.S. needs to invest, lead in computer chips

WASHINGTON (AP) — President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world’s computer chip leader.

Watch Biden’s remarks in the player above.

“We need to build the infrastructure of today, not repair the one of yesterday,” he told the group of 19 executives from the technology, chip and automotive industries. “China and the rest of the world is not waiting and there’s no reason why Americans should wait.”

He said the country hasn’t made big

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Biden tells execs US needs to invest and lead in computer chips

President Biden told 19 executives from the technology, chip and automotive industries that the US hasn’t made big investments to stay ahead of global competitors.

President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world’s computer chip leader.

“We need to build the infrastructure of today, not repair the one of yesterday,” he told the group of 19 executives from the technology, chip and automotive industries. “China and the rest of the world is not waiting

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Biden’s $180 Billion R&D Plan Prioritizes Key Areas Such As Chips, Quantum Computing

As part of his recently unveiled $2 trillion infrastructure investment plan, President Joe Biden said his administration would commit $180 billion to “R&D and industries of the future.” Among the sectors earmarked for the money are advanced computing, which includes quantum computers, as well as semiconductor design and manufacturing.

These have become central to the U.S.’s technological rivalry with China, which sees quantum computing and specialized chips powering artificial intelligence applications as once-in-a-lifetime opportunities to leapfrog America in high tech innovation. Former Google CEO and billionaire Eric

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Special report: Congress eyes big bucks for tiny computer chips

As bad as the coronavirus-induced disruptions to semiconductor supply lines have been, the future could hold even bigger problems if reliance on overseas chip fabrication plants is not changed, many observers worry. The next disruption could be caused by another pandemic, a natural disaster, a trade dispute or a shooting war, they say.

“In some ways, the auto chip shortage is the canary in the coal mine,” Tarun Chhabra, the National Security Council’s senior director for technology and national security, said in an interview.

Economic, security lifeblood

Besides energy, semiconductors are arguably the most important category of products in the

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The Day – Why the world is short of computer chips, and why it matters


Carmakers have been slashing production. PlayStations are getting harder to find in stores. Even aluminum producers warn of a potential downturn ahead.

All have one thing in common: an abrupt and cascading global shortage of semiconductors. Also known as integrated circuits or more commonly just chips, they may be the tiniest yet most exacting product ever manufactured on a global scale. That combination of cost and difficulty has fostered a worldwide dependence on two Asian powerhouses — Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. — a reliance exacerbated by the pandemic and rising U.S.-China tensions even before the current

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China to focus on ‘frontier’ tech from chips to quantum computing

GUANGZHOU, China — China is looking to boost research into what it calls “frontier technology” including quantum computing and semiconductors, as it competes with the U.S. for supremacy in the latest innovations.

In its five-year development plan, the 14th of its kind, Beijing said it would make “science and technology self-reliance and self-improvement a strategic pillar for national development,” according to a CNBC translation.

Premier Li Keqiang said on Friday that China would increase research and development spending by more than 7% per year between 2021 and 2025, in pursuit of “major breakthroughs” in technology.

China’s technology champions such as

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