The U.S. isn't the only global region looking to bring semiconductor manufacturing in-house with the EU agreeing to pursue funding for chip manufacturing.
Microsoft agreed to buy a massive amount of clean energy to power a data center in Ireland, making it the second biggest corporate power-purchase agreement deal so far this year.
The funds will source investments to harden the national power grid against natural disasters, while spurring innovation in renewable energy and electric-powered buildings and autos.
Apple is expected to source its semiconductor chips from a factory in Arizona by 2024 according to Bloomberg News. There’s speculation the factory will be run by semiconductor manufacturing giant TSMC.