As 2022 ends and 2023 begins, the technology industry is shifting its priorities. Larger companies like Google and Microsoft maintain monopolies, while others struggle to deal with what some call a tech recession. Big ideas like the blockchain and the metaverse intrigue Silicon Valley, yet they…
As 2022 ends and 2023 begins, the technology industry is shifting its priorities. Larger companies like Google and Microsoft maintain monopolies, while others struggle to deal with what some call a tech recession. Big ideas like the blockchain and the metaverse intrigue Silicon Valley, yet they struggle to find a meaningful presence in the economy.
Semiconductors in the United States: The CHIPS Act, signed by President Joe Biden in August, authorizes $52 billion in funding to incentivize manufacturers to construct semiconductor factories in the U.S. The bill was meant to push back on Chinese dominance of chip manufacturing. A number of companies have already announced plans to invest in new plants in the U.S. following the bill's enactment.
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