Biden Pushes $53B in Chip Subsidies to Restore U.S. as Global Leader, Companies Line Up for Funds

President Biden pushing to restore U.S. as global chip leader with $53B in subsidies

Commerce Dept. to distribute first $39B in chip manufacturing subsidies by end of year

Chip companies like Micron lining up for federal funds to build new fabs

Industry warns new export controls on AI chips to China could slow U.S. fab plans

Speakers to address workforce woes, need for skilled labor and diversity in chip sector