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Equities, Cannabis, Chips, And Geopolitics (Podcast)

Bloomberg Intelligence

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What Does This Mean for the Chip Industry in China?

The Biden administration is actually putting their money where the mouth is, right? The $52 billion chip sack is supposed to help initiate investment into some of these fabs and manufacture these advanced technology chips. China doesn't really make many advanced chips. It's mostly Taiwan. If anything, the US is trying to mitigate the reliance on Taiwan on some of these advanced chips because of the geopolitics.

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