US, Canada Plan North American Chip Corridor, Starting With IBM Expansion

The United States and Canada said on Friday they would work together to create a bilateral semiconductor manufacturing corridor, as International Business Machines signaled its intent to expand in Canada. The news came as U.S. President Joe Biden, who is visiting Canada, issued a joint pledge with Canadian Prime Minister Justin Trudeau to stand together against authoritarian regimes in part by reducing their dependence on other countries for critical minerals and semiconductors.

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