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Global Semiconductor AllianceForeign Policy
•83% Informative
U.S. will invest in expanding India ’s semiconductor industry as part of a State Department -led initiative.
The move aims to reorient the global technology supply chain in Washington 's favor.
Semiconductor chips have acquired unprecedented geopolitical importance, with their use in smartphones, cars, ballistic missiles, and much more.
The fund's investments are “designed to be catalytic,” Toloui said, laying the groundwork for the private sector to follow suit.
“The proposition of the fund is with some targeted expenditure of public money, it can create more opportunities that are attractive to private sector—and that's something which is good for the United States , good for our partner countries, and ultimately good for global semiconductor supply chains.
VR Score
86
Informative language
87
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48
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English
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2
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