Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply

Only in the previous two years has the US absolutely grasped that semiconductors are now as central to modern day economies as oil.

In the digitizing environment, ability instruments usually arrive with Bluetooth chips that observe their destinations. Appliances have extra chips to handle electrical energy use. In 2021, the regular motor vehicle contained about 1,200 chips really worth $600, twice as a lot of as in 2010.

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