GMBStaff

 2 Nov 23

tl;dr

<p>A bipartisan group of U.S. lawmakers is urging the Biden administration to develop plans to address China's use of open-source chip technology. They are concerned about the potential national security risks associated with this technology and the possible loss of U.S. leadership in semicond...

A bipartisan group of U.S. lawmakers is urging the Biden administration to provide plans on how to address China's use of open-source chip technology, according to a report. The lawmakers are specifically concerned about the potential national security risks associated with China's increasing reliance on open-source chip technology. They are calling on the administration to develop a comprehensive strategy to ensure and protect U.S. leadership in semiconductor manufacturing and innovation.

China's use of open-source chip technology has raised concerns among U.S. lawmakers due to the potential national security implications. Open-source chip technology allows for the sharing of design and development processes, which may lead to vulnerabilities and potential exploitation by foreign adversaries. The lawmakers are concerned that China's growing reliance on this technology could result in the loss of U.S. leadership in semiconductor manufacturing and innovation. They are calling on the Biden administration to develop a clear plan to address this issue and ensure the U.S. remains at the forefront of chip development and security.

To address these concerns, the lawmakers are urging the administration to prioritize investments in domestic semiconductor manufacturing and research. They believe that increasing funding for research and development, as well as incentivizing production in the U.S., will help safeguard national security interests. The lawmakers also emphasize the importance of collaborating with like-minded countries to establish global standards for chip manufacturing and security. By working together, they argue, the U.S. can ensure that open-source chip technology is not exploited for malicious purposes and that American industries remain competitive in the global market.

In conclusion, a bipartisan group of U.S. lawmakers is urging the Biden administration to develop plans to counter China's use of open-source chip technology. The lawmakers are concerned about the potential national security risks and the loss of U.S. leadership in semiconductor manufacturing. They are calling for increased investments in domestic semiconductor production, research, and collaboration with other countries to establish global chip manufacturing standards.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 12 May 25
 12 May 25
 12 May 25