Blinken: New semiconductor initiative will ‘turbocharge’ chips capacity in Americas

The U.S. will launch a new semiconductor program aimed at facilitating chips production in three Americas Partnership for Economic Prosperity countries, Secretary of State Antony Blinken announced on Wednesday, saying the effort would “turbocharge” regional semiconductor supply chains. The initiative will be housed under the State Department’s International Technology Security and Innovation Fund, which was established by the CHIPS and Science Act and designed to expand and diversify semiconductor supply chains in the Americas and the Indo-Pacific and secure critical...