Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Recent shortages and fears of China’s ambitions to dominate the industry have led to a frenetic effort to rev up U.S. production. But securing the supply of semiconductors will be complicated.
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### Instruction: Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply

### Response: Recent shortages and fears of China’s ambitions to dominate the industry have led to a frenetic effort to rev up U.S. production. But securing the supply of semiconductors will be complicated.