Is the U.S. ready to be a chipmaking superpower?
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 10 May 2024
⏱️ 30 minutes
🧾️ Download transcript
Summary
Commerce Secretary Gina Raimondo wants to position the U.S. to become a leader in semiconductor manufacturing. After all, the U.S. invented the industry not so long ago. The Biden administration has invested $30 billion in new factories, and companies have thrown in 10 times that sum. In this episode, Raimondo tells “Marketplace” host Kai Ryssdal where she hopes U.S. chip production will be by 2030. Plus, her broadband expansion plan and how she views our trade relationship with China.
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Transcript
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| 1:19.0 | All right, let's try to make sense of the week, shall we? |
| 1:27.0 | From American Public Media, this is market play. In Washington, D.C. today I'm Con. |
| 1:40.0 | It is Friday the 10th of May. Good as always to have you long, everybody. This has been one of those weeks, honestly. We're getting a sense of the economic zeitgeist is going to require pulling together some seemingly loose threads. |
| 1:55.7 | Here to do that are Catherine Rample from the Washington Post, Nila Richardson from ADP. |
| 2:00.0 | Hey you too. |
| 2:01.0 | Hey, Kye. |
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