Reported about 11 hours ago
Gregg A. Lowe, CEO of Wolfspeed, which is set to receive a $750 million CHIPS Act grant, acknowledges that while efforts to reshore semiconductor manufacturing in the US are crucial due to ongoing global economic interdependence, achieving complete independence in chipmaking is unrealistic. He emphasizes the need for a balanced approach that focuses on trade and cooperation amidst the upcoming 2024 presidential election.
Source: YAHOO