US President Joe Biden’s administration is launching an investigation that will offer President-elect Donald Trump a choice about whether to enact new tariffs on Chinese-made semiconductor chips. The White House announced Monday it would initiate the inquiry into so-called foundational chips — also known as legacy or mature-node semiconductors — made in China. While not as advanced as the chips driving artificial intelligence, the older technology is ubiquitous across a wide range of applications including autos, airplanes, medical devices and the telecommunications industry.
Today’s guests: Kit Juckes, Societe Generale (Source: Bloomberg)
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