The $53-billion Chips Act program will test whether the U.S. can gain dominance of the semiconductor industry
After working for years to catch up on U.S. technology, China has developed a chip that can rival Nvidia’s powerful A100. WSJ unpacks the processors’ design and capability as the two superpowers race for dominance in artificial intelligence. Illustration: Sharon ShiWASHINGTON—The Biden administration kicks the $53 billion Chips Act program into gear this week—and with it, a test of the U.S. government’s ability to reverse an overseas exodus of the domestic semiconductor industry.
Commerce Secretary Gina Raimondo is set to unveil how the administration plans to award chip-manufacturing subsidies on Thursday, followed next week by
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