Its long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit . The white house is marking one year since President Biden signed the chips for america legislation. It earmarked 52. 7 million in subisdies for the Semiconductor Industry in the us. The Commerce Department started taking in applications injune for the Subsidy Programme for Us Semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. The programme is part of the administrations bid to boost competitiveness with chinas science and technology. The Commerce Department is also tyring to ensure that china doesnt benefit from the subsidies. Adrienne elrod is director of external and Government Affairs in the chips for America Office of the Us Department of commerce. How does the Biden Administration believe this legislation serves economic and National Security . First of all i think, thank you for having me, it is great to t
The wheels will really start turning and i think you will start to see some words come out, when that process starts to take place. the chip making giant taiwan semiconductor had to delay the start of production at its factory in arizona because of cost overruns and trouble finding workers. can this programme be implemented as planned? this is a complex process. it is but ou have this is a complex process. it is but you have got this is a complex process. it is but you have got to this is a complex process. it is but you have got to take this is a complex process. it is but you have got to take the this is a complex process. it is but you have got to take the step - this is a complex process. it is but| you have got to take the step back, realise since president biden has taken office, $500 billion in the pledged investments have taken place, 230 billion of that is in the semiconductor industry. since the chips and science act was passed, 166 billions have been pledged by priva