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In his infrastructure plan, Pres Biden proposes $50 billion for the semiconductor industry. But Intel and its rivals are hugely profitable, and last year spent billions on stock buybacks. Should they get taxpayer money? Intel’s CEO promises fewer buybacks. https://cbsn.ws/2SgL05z | 60 Minutes
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In his infrastructure plan, Pres Biden proposes $50 billion for the …
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The pandemic sent microchip demands soaring, as Americans bought computers and electronics to work, study, and play at home. The shortage revealed a fragile global supply chain and emphasized this country’s dependence on foreign chip makers. https://cbsn.ws/3xA8lzo | 60 Minutes
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Taiwanese giant TSMC supplies chips for use in everything from iPhones and American cars, to the supercomputer managing the U.S.’s nuclear stockpile. Taiwan’s microchip industry has been called the “Silicon Shield.” TSMC chairman Mark Liu explains why. https://cbsn.ws/3e88Rgl | 60 Minutes
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