Can America Win The Chips Manufacturing Race?
Consider This from NPR
NPR
4.2 • 6.2K Ratings
🗓️ 21 March 2024
⏱️ 13 minutes
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Summary
At a visit to Intel's campus outside Phoenix this week, Biden said the money will help semiconductor manufacturing make a comeback in the US after 40 years.
The money for Intel comes from the CHIPS and Science Act, which was signed in 2022 to boost domestic semiconductor manufacturing. The administration's goal? For 20% of the world's leading-edge semiconductor chips to be made on American soil by 2030.
The US currently makes zero of the world's leading-edge semiconductor chips. By 2030, the Biden administration wants to make a fifth of them. So how will America get there?
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Transcript
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| 0:00.0 | Welcome to GTC. |
| 0:06.9 | I hope you realize this is not a concert. |
| 0:11.6 | Jensen Wong took the stage this week in San Jose, California at Invidious Conference dubbed AI Woodstock. |
| 0:19.0 | You have arrived at a developer's conference. |
| 0:23.0 | Wong is the co-founder and president of the AI Chip company in video. |
| 0:28.0 | Its technology powers things like chat gp T and robots. Well Well I think we have some special guests. |
| 0:37.0 | Invidia has seen explosive growth in the last year. It's now worth more than Amazon, Meta, or Google's |
| 0:45.3 | parent company Alphabet. And it's leading the way on what could be America's |
| 0:49.5 | AI and semiconductor Renaissance. I am a visionary. |
| 0:55.7 | I am a transformer. |
| 1:00.0 | I am AI. |
| 1:01.8 | Invidia is transforming the chip market, |
| 1:06.0 | but even though it's an American company that designs chips here, |
| 1:10.0 | it sends its designs to be manufactured in Taiwan and other parts of Asia. |
| 1:15.0 | Now President Biden is trying to make sure Americans have a piece of that action, |
| 1:20.0 | and this week in Arizona, he announced his administration will award up to 8.5 billion dollars |
| 1:25.8 | to the company Intel in order to boost chip production on American soil. |
| 1:32.0 | Today's investment helps all Americans and red states and blue states, |
| 1:36.0 | all across America, urban, rural, suburban, and tribal communities. |
| 1:40.0 | This is the biggest investment the federal government has made with funding from the Chips and Science Act, which Congress passed in 2022 to help make the U.S. a leader in semiconductor manufacturing. |
| 1:51.6 | If we invented in America, it should be made in America. |
| 1:56.1 | The thing is, none of the world's leading edge chips |
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