US Dependence on Taiwan Chips Is ‘Untenable,’ Raimondo Says
- Commerce secretary says America faces a Sputnik moment
- Chips legislation is still awaiting House, Senate approval
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The US can’t keep relying on Taiwan for semiconductors and needs to pass legislation to support the domestic production of high-end computer chips, Commerce Secretary Gina Raimondo said.
“Our dependence on Taiwan for chips is untenable and unsafe,” Raimondo told a crowd at the annual Aspen Security Forum in Colorado, a gathering of White House officials, diplomats and executives. She appeared via video conference from Washington, DC.