Congress is nearing key votes on a bill to fund U.S. semiconductor manufacturing, known as the CHIPS Act.
Commerce Secretary Gina Raimondo warned in a CNBC interview that the country's current dependence on foreign computer chip manufacturing puts it at risk for a recession if it's ever cut off.We have to make sure the CHIPS Act gets to the president in the next two weeks: Commerce Sec.
RaimondoCommerce Secretary Gina Raimondo warned on Wednesday that the country's current dependence on foreign computer chip fabrication puts it at risk of a recession if it's ever cut off. Her comments come as Congress nears key votes on a bill to fund U.S. semiconductor manufacturing,
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