Sydney Armani - Trump 2.0 and the CHIPS Act: Bolstering America's Semiconductor Industry Under New Administration With Donald Trump re-elected as President in 2024, the semiconductor industry and the CHIPS Act are set to play a critical role in his administration’s agenda. As global competition for advanced technology heats up, particularly with China, the U.S. is looking to secure its semiconductor supply chains, essential for economic stability and national security. Originally passed in 2022, the CHIPS and Science Act allocated $52 billion to incentivize U.S.-based semiconductor
Tag: Chips
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The Future of AI, Chips, and Data: A Technological Convergence
AI World Journal - As artificial intelligence (AI) continues to advance, it is transforming industries and everyday life through breakthroughs in computing power, data analytics, and AI-driven applications. Central to this revolution are the chips that power AI systems and the vast datasets that fuel these algorithms. The convergence of AI, chips, and data is unlocking new possibilities, shaping the future of economies and technological innovation. However, concerns about the global supply chain, especially given geopolitical tensions in key regions like Taiwan, add complexity to this rapidly evolving landscape.