India is betting $18 billion to build a chip powerhouse. Here’s what it means
A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025.Nurphoto | Nurphoto | Getty ImagesIndia wants to become a global chip major, but the odds are steep: competition is fierce, and India is a late entrant in the race to make the most advanced chips.In 2022, when the U.S. restricted exports of its advanced AI chips to China to curb Beijing's access to cutting-edge technology, a global...
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