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International Business Times
International Business Times
World
Terry Massey

US Partnering With India On Semiconductor Supply Chain

The United States and India are working together to solve the global semiconductor chip shortage thanks to a partnership unveiled by both countries on Monday.

According to a statement from the U.S. Department of State, India's Semiconductor Mission, Ministry of Electronics and IT will cooperate with the U.S. under the International Technology Security and Innovation (ITSI) fund, part of the CHIPS Act, to manufacture semiconductor chips for the benefit of both nations.

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