microchips
Washington (AFP) - The US House of Representatives passed a bill on Thursday to boost domestic production of semiconductors, the in-demand microchips that power everything from smartphones to cars and weapons. The CHIPS Act was approved by the House in a 243-187 vote with 24 Republicans joining Democrats and now goes to President Joe Biden for his signature. Biden had lobbied strongly for passage of the bill, which will increase US competitiveness with major chip-maker China. He welcomed its approval, saying it will "lower the costs of every day goods." "And, it will create high-paying manufac...
AFP
Silicon Valley is the birthplace of American tech. Giants like Google and Apple have become the face of California’s disruption hub. But long before we were typing Google searches into our iPhones, Silicon Valley got its name by creating the world’s most important industry: computer chips. Q4 2020 hedge fund letters, conferences and more Computer chips, also called semiconductors, are the “brains” of electronics. These days, the entire world runs on semiconductors. There would be no iPhone, Amazon Webstore, or online messaging apps without them. Temperature sensors in air conditioners are powe...
ValueWalk
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