well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer? well, the supply chains for memory manufacturing will be diversified. of course, micron has a well diversified footprint of manufacturing here in asia, and micron will continue to invest in ourfabs in asia to meet the demand needs of the future. but also in order to meet the growth in demand, we need to add new capacity. so us new manufacturing fabs that
iran is facing international condemnation for hanging two more people said to have been involved in nationwide protests. the uk called their executions abhorrent . the newly elected speaker of the us house of representatives, kevin mccarthy, has said former president trump helped him finally secure his position, after 15 rounds of voting and sometimes acrimonious exchanges with fellow republicans. he said i don t think anybody should doubt mr trump s influence. president biden congratulated mr mccarthy for his win and said he looked forward to co operating with his party. our washington correspondent gary o donoghue reports. it took them four days and 15 separate ballots before they finally got there. the honourable kevin mccarthy of the state of california, having received a majority of the votes cast, is duly elected speaker of the house of representatives. cheering not since the american civil war more than 160 years ago has it taken this long to elect a speaker. that w
country is headed. not this hit and run stuff, not to cherry pick but a more folsom understanding, william jacob son with a great web site, this pairnk gave sums it up for me: so this garcie paragraph sums it up for me: what about the united states? this got mde to thinking. in between our elections, a lot happens to this country s tothat is not subject to elections. no longer subject to representative government. did you support the hiring of 87 thousand new irs agents? was that on a boot ballot, the disruption of energy independence? and complete attack on theepen c combustion engine and automobiles that usene? gasoline? did yo u support somehow, or vote for open borders where fentanyl and illegall im immunity and ms-13 and drugg car at the time cartels our can operate freely? did you votede forr. or support or hear about a massive debt? a massive debte like the planet has never seen on top of regular spending? that would affect inflation the way it does. did someone r
for his bribery conviction, allowing him to return to running the company. plus, a show of support: mcdonald s says it will reopen in ukraine where it is safe to do so to help restore a small, but important sense of normalcy. we start here in the uk where energy company bosses have been holding talks in downing street with prime minister borisjohnson and chancellor nadhim zahawi as concern grows about soaring bills. the annual energy bill for a typical household is set to top £4,000 a year from january that s over double what it is now. mrjohnson says the companies have been urged to help, but it s thought no firm decisions will be taken until a new prime minister is in place next month. our business correspondent caroline davies has more. ifind it quite i find it quite degrading to live in this situation. there is little left live in this situation. there is little left in live in this situation. there is little left in dallas s - live in this situation. there is litt
However slower demand in trade restrictions on Chip Making Technology have put businesses under pressure. Those restrictions only apply of course too high end chips currently and again more on the pulse of the industry i spoke to stacy raskin a Senior Semiconductor analyst will stop these Export Controls were fairly targeted. Fairly targeted. The only thins fairly targeted. The only things that fairly targeted. The only things that were fairly targeted. The only| things that were actually impacted were high and Artificial Intelligence chips chips for supercomputers and equipment that was capable of manufacturing high and logic and memory. In terms of actual Revenue Impact the only ones that really saw was the Equipment Vendors. The reason is from the high end chips it was the micro to expose their they were able to backfill with other products that came in below the Control Thresholds that were legal to sell in china nvidia. The customers bought lot of those in had a backfill and did n