Microchips and Semiconductors: The U.S. Seeks Autonomy
Microchips and Semiconductors: The U.S. Seeks Autonomy
Author(s): Andrzej Dąbrowski
Subject(s): National Economy, Economic policy, International relations/trade, Law on Economics, ICT Information and Communications Technologies
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: USA; economy; semiconductors; microchips; autonomy; policy;
Summary/Abstract: The United States has turned to support of the domestic microchip industry in response to the increased risk of Chinese aggression against Taiwan, one of the leading producers, as well as to address disruptions in supply chains caused by the COVID-19 pandemic. A law on this passed with bipartisan consent and is intended to help finance a more resilient American sector towards global changes in manufacturing these components. Thanks to the CHIPS Act, the U.S. can reduce its dependence on microchip imports and undermine China’s ability to dominate the market.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2022
- Language: English
- Content File-PDF