Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
Investment, more than export controls, will keep the U.S. ahead of Beijing, Commerce secretary says
Wall Street Journal
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Discussion
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@sbyrnes
Sean Byrnes
on bluesky
Why not both? Seems silly to pretend that we can't do more than one.
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@sung.kim.mw
Sung Kim
on threads
This is too funny. After years of imposing sanctions after sanctions against China, she admits it is not working. In fact, it may have accelerated their progress. I have been saying same thing for years. https://www.wsj.com/...
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@damienics
Damien Ma
on x
running faster: mainly within our control both the pace and scope tripping someone up: especially when it requires long arm extraterritoriality enforcement is much harder to control
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@thetranscript_
@thetranscript_
on x
$AMD CEO: “Clearly, chips have become something that is so important from a national security standpoint. And, you know, we recognize that there are some chips, for example, that are so special that we can't ship them to China or to certain other restricted countries. I think
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@hyndsy
@hyndsy
on bluesky
Would this finally bring the price down on the TI-83 calculator? That thing has been around $100 for the last 30 years despite massive improvements in technology 🧐
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@alanfrady
Alan Frady
on bluesky
The CHIPS Act is one of the many Biden/Harris accomplishments that helps all Americans. — @techmeme.com [embedded post]
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@jimobx
@jimobx
on bluesky
Trump will take credit.
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@gtjr
@gtjr
on bluesky
This is a program that the incoming administration wants to kill
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@stevenjcbuckley
Dr. Steven Buckley
on bluesky
Ted Cruz voted against the CHIPS Act, but I bet you'll hear him bragging about this huge investment into his state.... [embedded post]
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@kernicus
@kernicus
on bluesky
It's great to see manufacturing happening, but seriously, can't they be fanny Mae loans they have to pay back for the next 60 years?