FILE - Commerce Secretary Gina Raimondo attends an event in Bangkok, Thailand, March 13, 2024. The Biden administration pledged Monday, April 8, 2024, to provide up to $6.6 billion so that the Taiwan Semiconductor Manufacturing Co., a Taiwanese microchip giant, can expand the facilities it is already building in Arizona and ensure that the world most-advanced chips are produced domestically for the first time. “These are the chips that underpin all artificial intelligence and they are the chips that are the necessary components for the technologies that we need to underpin our economy," Raimondo said. (AP Photo/Sakchai Lalit, File)
FILE - A person walks into the Taiwan Semiconductor Manufacturing Co., headquarters in Hsinchu, Taiwan on Oct. 20, 2021. The Biden administration pledged Monday, April 8, 2024, to provide up to $6.6 billion so that a Taiwanese microchip giant can expand the facilities it is already building in Arizona and ensure that the world most-advanced chips are produced domestically for the first time. (AP Photo/Chiang Ying-ying, File)