Biden admin awards $8.5B to Intel for advanced chips
Commerce Secretary Gina Raimondo said the agreement will set the U.S. up to meet its target of producing 20% of the globe’s leading-edge chips by the end of the decade.
Tag: semiconductor manufacturing
Containing China: US Using Taiwan as East Asian “Ukraine”
Washington’s True Fear of China: An Obstacle to American Hegemony
A recent op-ed appearing in Foreign Affairs titled, “The Taiwan Catastrophe,” helps paint a clear picture of US motivations behind its growing confrontation with China and the increasingly unrealistic nature of Washington’s desired outcome.
Washington’s True Fear of China: An Obstacle to American Hegemony
TSMC Arizona chip plant will be a paperweight, says analyst
The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
TSMC Arizona chip plant will be a paperweight, says analyst
[02-2023] Biden to require chips companies winning subsidies to share excess profits
WASHINGTON, Feb 28 (Reuters) – The Biden administration on Tuesday said it will require companies winning funds from its $52-billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare.
Biden to require chips companies winning subsidies to share excess profits
The US-China chip war is about to get thornier
For as long as the chip war between the United States (US) and China has been going on, the latter has done little to nothing to retaliate. Many viewed Beijing’s nonchalant stand as a way to avoid hurting Chinese ambitions in telecoms, artificial intelligence, and other related industries.
The US-China chip war is about to get thornier
Blinken’s Visit to China Confirmed After Call With Chinese FM
The State Department confirmed on Wednesday that Secretary of State Antony Blinken will be visiting China, making him the highest-level Biden administration official to make the trip.
Blinken’s Visit to China Confirmed After Call With Chinese FM
Global Times:
Blinken visit still ‘opportunity’ amid mutual low expectations
Shortly before Blinken’s visit was confirmed by China, Chinese State Councilor and Foreign Minister Qin Gang had a phone call with Blinken at the latter’s request. During the phone call, Qin expounded on China’s firm stance on core concerns such as the Taiwan question.
MoA: U.S. Argues For More Protectionism And Subsidies
Last week Secretary of the Treasury Janet L. Yellen gave a speech on the U.S.-China economic relationship. I called it a declaration of war.
Yesterday National Security Advisor Jake Sullivan held a speech on ‘Renewing American Economic Leadership’ which touched on some of the same themes as Yellen’s speech.
U.S. Argues For More Protectionism And Subsidies
Vance: Biden Admin ‘Moralizing And Lecturing’ Other Countries While China Builds Roads And Feeds People + More
Republican Ohio Senator J.D. Vance accused the Biden administration of “moralizing and lecturing” other countries in a floor speech opposing a new diplomatic nominee late Wednesday.
Vance: Biden Admin ‘Moralizing And Lecturing’ Other Countries While China Builds Roads And Feeds People
Video via African Diaspora News Channel
Related:
Get Progressive Politics Out of Foreign Policy, Says JD Vance
“Right now, you know that Joe Biden is not sending weapons to Taiwan, weapons that we promised the Taiwanese, because we’re sending those weapons to Ukraine or elsewhere,” Vance said.
…
Though Vance said he admires the brave people of Ukraine, he said America should remove troops and resources from Ukraine.
…
“It’s time to manufacture our weapons in the United States,” the Ohioan said. “And it’s time to send a message to the world that America is the arsenal of democracy, but we cannot do that unless you get out and stop the focus on Ukraine.”
“The great arsenal of democracy” came to specifically refer to the industry of the U.S., as the primary supplier of material for the Allied war effort [WWII].
Meanwhile, he wants to pull a Zelensky back home. /s
Ms. Cat’s Chronicles 
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