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BizBeat 446: The U.S. is hurting the stability of global semiconductor
Updated 11:44, 27-Jul-2022
CGTN
02:56

Last week, the U.S. Senate passed legislation to provide over 50 billion U.S. dollar in subsidies for the computer chip industry to entice it back to America. However, the chip industry is a highly globalized industry, which requires the cooperation of all countries. Therefore, the actions of U.S. politicians are undermining the stability of the global industrial chain. In this episode of BizBeat, CGTN's Lily Lyu explains why the U.S. is hurting the stability of the global semiconductor industry.

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