This is a

CVS, I on the world, the Scholar Report with CEO Chris Regal of scholar.com, a global technology firm transforming the retail space with digital signage.

Business on all the major continents.

Right now Chris is traveling in the European continent, our allies, and I go to the Chips Act. This is an important piece of legislation that the

Biden administration is shepherded through Congress and it's looking to

compete with and out- to compete with our adversaries, especially when it comes to high-end

chips, but also because of the threat to Taiwan.

The AP reporting in these last days, the Biden administration pledged to provide up to 6.6 billion

so that a Taiwanese semiconductor giant can expand its facilities already building in Arizona

and better ensure that the most advanced microchips are produced domestically.

Commerce Secretary Ramondo said the funding for T-S-M-C, you'll hear that a lot,

Taiwan Semiconductor Manufacturing Company, means the company can expand on its existing plans for two facilities called

FABs in Phoenix. Chris, a very good evening to you, you've been pointing to this

event for some time. T-S.M.C. Intel is also in the mix, or other companies that are being invited to participate in the CHIPS Act.

The T.S.M.C is of major concern because of its vulnerability in Taiwan.

Recently an earthquake that struck the area.

You were very careful to point out that that earthquake meant that a whole batch being cooked had to be set aside and

that they had to spend the engineers, the highly valued engineers at T.S.M.C. outside of Taipei had to spend some time perhaps weeks

recalibrating because they can't be sure the earthquake didn't damage their

equipment. So T.S. M. C. is first rate. We want to give it other footprints so that one plant can't change the world.

Your measure of this 6.6 billion. That seems generous, but at the same time is T.S.M.C. looking to move its

highest end to the U.S. or is this the business of that what you're called

...