News Snapshot:
This is AI generated summarization, which may have errors. For context, always refer to the full article. CHIPS. Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022 'US companies have realized that our chip supply chain is way too concentrated in just a few countries in the world,' says US Commerce Secretary Gina Raimondo MANILA, Philippines – The Biden administration is looking at the potential of its political allies like the Philippines to produce more semiconductors, as it continues to tighten knobs against China’s $190-billion chip industry. “US companies have...