News Snapshot:
US Suppresses China’s Weak Nerve, Will Spend $280 Billion To Kill Dragon ‘Chip’ US Passes $80 Billion Chip Act To Boost Semiconductor Industry Biden Says China Is Lobbying To Stop It A big blow to China US President Joe Biden has signed a $280 billion bipartisan bill to boost ‘domestic high-tech manufacturing’, aimed at boosting US competition against China and eroding its chip market. . The most important thing is that this law was getting the support of American leaders as well as officials, local politicians and business class and that is why the Biden administration brought this law and...
