Semiconductor chips on a circuit board of a computer in this illustration picture taken on Feb. 25, 2022. Florence Lo/Illustration/Reuters
The U.S. Commerce Department announced a massive U.S.-Taiwan chips deal on Jan. 15, which is expected to go a long way in reshoring American semiconductor manufacturing.
It includes a minimum of $250 billion in direct investment from Taiwanese tech enterprises in chips, energy, and artificial intelligence innovation in the United States, as well as credit guarantees by the Taiwanese government for another $250 billion in other Taiwanese investments to expand the chip supply chain in the United States.
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Original News Source Link – Epoch Times
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