Samsung, TSMC: U.S. Invests Billions to Bolster Domestic Supply Chains
Chip makers will build new factories and expand existing ones in North America.
Chip makers will build new factories and expand existing ones in North America.
Meeting of the EU-US Trade and Technology Council fails to reach an agreement.
The $75 million facility will support other ongoing projects to diversify and bolster supply chains.
Government could block projects based on national security reasons. Foreign companies must give advance notice before investing in strategic sectors.
The bloc will also be attentive to deep-sea mining developments.
The act aims to strengthen the EU raw materials sector. Besides praise, there is also skepticism.