On October 30, 2023, President Biden issued an Executive Order (EO) regarding Artificial Intelligence. The EO noted that availability of semiconductors is critical to implementing AI and laid out several mandates for the Secretary of Commerce to promote competition for semiconductor production in view of the CHIPS Act of 2022, which was meant to help ensure the availability of semiconductors for US companies. The mandates will help expedite the re-establishment of semiconductor production…
By: Sunstein LLP
By: Sunstein LLP