“The research, innovation and manufacturing sparked by this law will enable us to be the technological superpower, securing our economic and national security future for the next generation,” commerce secretary Gina Raimondo said.
WASHINGTON — Commerce Secretary Gina Raimondo on Thursday called on the country to unite around a $52 billion effort to restore the U.S. as the world leader in advanced computer chips, saying it will require training of tens of thousands of workers.will enable us to be the technological superpower, securing our economic and national security future for the next generation,” Raimondo said in a speech at Georgetown University.
The Biden administration is hopeful it can surmount political hurdles as Democrats and Republicans alike back the initiative. Chips are integrated circuits that are embedded in a semiconductor, a material — notably silicon — that can manage the flow of electric current. The terms “chip” and “semiconductor” are often used interchangeably.
To succeed, she said, the U.S. needs a whole-of-society effort. It’s the kind of mobilization akin to World War II or the space race that grandparents talk about to younger generations, a make-or-break moment for the nation with the world’s largest economy and military.
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