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Biden is losing the global semiconductor race

News Snapshot:

Where it matters most, President Joe Biden’s industrial policies regarding technology supremacy are failing. Last August, Biden signed the CHIPS and Science Act into law. Biden said the legislation would enable the United States to "win the future." Indeed, semiconductors are the oil and more of this century. Without advanced semiconductors, there will be no second industrial revolution centered on artificial intelligence . AI offers the promise of doubling the nation's economic growth rate. ALL EYES ON SWING VOTE MASSIE AS HOUSE PANEL TAKES UP DEBT CEILING BALL All of the promises of AI are dependent on the most advanced…

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