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China subsidizes all of its tech industries and even gifts them foreign IP it has stolen. https://t.co/gwXpIz25Cu
— Michael Ron Bowling (@mrbcyber) August 10, 2022
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The CHIPS Act also spurred Qualcomm to commit to spending another $4.2 billion on chips, and will increase semiconductor production in the US by 50% over 5 years. And Intel announced plans to invest up to $100 billion to build a new chip complex in Ohio.
— Brian Tyler Cohen (@briantylercohen) August 10, 2022
Democrats deliver.
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