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President Biden Issues Statement on CHIPS & Science Act Preliminary Agreement With Taiwan Semiconductor Manufacturing Co.
April 09, 2024
WASHINGTON, April 9 -- President Biden issued the following statement on April 8, 2024, on the CHIPS and Science Act preliminary agreement with Taiwan Semiconductor Manufacturing Co.:

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Semiconductors - those tiny chips smaller than the tip of your finger - power everything from smartphones to cars to satellites and weapons systems. America invented these chips, but over time, we went from producing nearly 40% of the world's capacity to just over 10%, and none of th . . .

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