US-China tech war: Beijing can ‘stay cool’ on Biden’s US semiconductor push, analysts say

//US-China tech war: Beijing can ‘stay cool’ on Biden’s US semiconductor push, analysts say

US-China tech war: Beijing can ‘stay cool’ on Biden’s US semiconductor push, analysts say

The push by US President Joe Biden to develop the domestic chip industry on US soil, including a special US$50 billion fund, does not pose an immediate threat to China even though Biden has cited the country as a reason for the initiative, analysts say.Biden on Monday highlighted the need for the US to increase spending on semiconductor manufacturing, making a reference to China, in a virtual meeting with tech and auto executives, including Alphabet CEO Sundar Pichai, Intel CEO Pat Gelsinger,…

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By | 2021-04-13T16:00:15+00:00 April 13th, 2021|Technology|Comments Off on US-China tech war: Beijing can ‘stay cool’ on Biden’s US semiconductor push, analysts say