The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalate a conflict pitting the world’s two largest economies against each other.
Tag: Computer Chips
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Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
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TSMC Will Build a Semiconductor Plant in Germany
TSMC, the world’s largest maker of semiconductors, said it would invest $3.8 billion in a joint project with three German industrial firms.
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Indiana Tests if the Heartland Can Transform Into a Chip Hub
The state has little experience with semiconductors, but the Biden administration has promised to unleash opportunity in “the heartland of America” through the $52 billion CHIPS Act.
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Schumer Wields Political Heft in Bid for New York Chips Funds
The Senate majority leader helped deliver billions of dollars in federal funding for semiconductors. Now he’s pushing for his state to reap benefits.