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Raimondo said companies in leading edge chips manufacturing have requested more than $70 billion. She said the department is engaged in tough ongoing negotiations with individual companies.
Chinese commerce minister Wang Wentao spoke to US Commerce Secretary Gina Raimondo by phone on Thursday, expressing concerns over US sanctions that ‘suppress’ Chinese companies.
The United States currently does not manufacture a single advanced semiconductor for artificial intelligence (AI) systems on its territory, US Commerce Secretary Gina Raimondo said on Saturday.