Semiconductor chips

Biden, Semiconductors and America's Future

Key Points

  • Leading high-tech execs agree on the need for support from the U.S. government to ensure secure and reliable supply chains

  • China compares the race for technological leadership to building the atomic bomb

  • Companies like Intel are poised for a renaissance of America’s high-tech manufacturing base, but they need Biden's help

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A group of the U.S.'s top tech industry executives sent an open letter to President Biden urging him to devote "substantial funding" to domestic chip manufacturing capabilities. Their urging is timely and necessary.

Arthur Herman, Forbes Contributor

High-tech executives from leading companies like Intel, AMD, Nvidia and many others joined together to urge president Biden to devote “substantial funding” to our domestic chip manufacturing as part of his Build Back Better plan for economic recovery and revitalizing the nation’s infrastructure.

Writes Herman: "Their urging is not only timely, but underlines the fact that the health of our semiconductor industry must be a national as well as economic security priority."