US President Joe Biden, during the opening of a semiconductor plant site in Ohio (East), considered that the production of these electronic components is a matter of “national security”, especially in the face of Chinese ambitions.
“It’s all in the interest of our economy and also in the interest of our national security,” he said on a website where Intel plans to invest a whopping $20 billion.
While praising the recent law passed on his initiative to provide $52 billion in subsidies to revive semiconductor manufacturing, Biden noted that “this measure comes within the great competition between China and the United States,” and said: “No, it’s amazing, but The Chinese Communist Party tried to forcefully mobilize the American business community against this law.”
Biden emphasized that “the United States will need advanced electronic components” for future weapons systems that will increasingly rely on electronic chips, and added, “Unfortunately, we do not currently manufacture any of these advanced semiconductors in America.”
The US President’s visit has taken on a pronounced electoral character with the approach of the midterm elections in November.
Source: El Nashra