Reviving US Chip Manufacturing: A National Security Priority

Americas Chip Crisis: The Race to Reclaim Manufacturing Leadership - The U.S. once led in chip production, but now holds only 10% of the global market. This shift, driven by business decisions, poses economic, supply chain, and national security risks. The current administration aims to reverse this trend, setting a goal for 50% of U.S. chips to be made domestically. Proposed incentives include import tariffs and a chip-for-chip import credit system, aiming to make American-made chips a necessity for U.S. market access.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.