Reported about 6 hours ago
Former Trump advisor Gary Cohn emphasized the importance of the US becoming self-reliant in chip manufacturing, especially following Nvidia's $5 billion investment in Intel. He noted that reliance on foreign chips can threaten the economy, underscoring lessons learned during the COVID-19 pandemic. The investment aims to enhance domestic production and address national security concerns, while also aligning with ongoing efforts like the CHIPS Act and the broader push for AI technology advancements.
Source: YAHOO