Commerce Secretary Howard Lutnick said Saturday that a major semiconductor deal with Taiwan is coming “pretty soon,” signaling a potential breakthrough in U.S. efforts to shore up domestic chip production and reduce reliance on a single, geopolitically vulnerable supplier. The comment came during an data-analytics-id=”inline-link” href=”https://www.youtube.com/watch?v=dPbY-YQAIOA&t=210s” target=”_blank” data-url=”https://www.youtube.com/watch?v=dPbY-YQAIOA&t=210s” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>interview with NewsNation, where he also set an ambitious target of increasing U.S. chip production to 40% of national needs before he leaves office.
Speaking about “… countries that need to react…
