Which global trend describes increasing efforts by countries to attract semiconductor manufacturing investment through subsidies, notably in the US and EU?
A
Chips Act initiatives
B
Green energy subsidies
C
Agricultural reform packages
D
Digital tax reforms
Correct Answer: Option A — Chips Act initiatives
Explanation:
Chips Act initiatives in the United States and European Union provide significant subsidies to attract semiconductor manufacturing investment domestically, aiming to reduce reliance on concentrated overseas chip production.