US steps up competition with China in chip sector

In her speech at the Center for Strategic and Political Studies, a US think tank, Raimondo mentioned that the Biden administration's goal is to ensure that the United States produces 20% of the world's cutting-edge chips by 2030 and become the main manufacturer of the most advanced semiconductor chips. She stressed that the United States needs to ensure the implementation of the "CHIP Act" to maintain its leading position in the chip field. The United States has stopped selling all semiconductor chips to Russia, a measure that has had an impact on Russia in the short term.