US Secretary of Commerce Gina Raimondo said, “If we don't start producing more semiconductors in the US, there will be national security risks, and obviously there will also be economic risks.”

The Biden administration proposed to provide 52 billion US dollars of R&D funding for semiconductors. This move was supported by both parties in Congress.

Raimondo said at a summit hosted by the National Artificial Intelligence Commission, “If there's anything that keeps me awake at night, it's the possibility that the bill hasn't passed in Congress, or that it hasn't been passed fast enough.”