, a bill that President Joe Biden signed in the summer that provides hundreds of billions of dollars to fund efforts to expand U.S. abilities to make semiconductors.
The U.S. government also intends to limit China's access to advanced chips in hopes of stopping its development of advanced military weaponry. The Commerce Department export controls in October that restricted the ability of Chinese tech companies to receive advanced chips and semiconductors from the U.S.
Good move!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: