US-China Tensions Escalate Over Chips

US-China Tensions Escalate Over Chips

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses a weak sales forecast due to low demand in the phone and PC markets, with expectations of growth driven by AI in the future. The CHIPS and Science Act aims to boost US manufacturing and compete with China. Tariffs and economic policies are debated, with potential trade investigations and tariffs under the Biden administration. The Federal Reserve is cautious about the inflationary impact of tariffs, as discussed in a recent press conference.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for the weak sales forecast this quarter?

High production costs

Lackluster demand from phone and PC makers

Increased competition

Supply chain disruptions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is driving the strong performance in one part of the memory market?

AI infrastructure consuming more memory

Increased smartphone sales

Government subsidies

New gaming consoles

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the goal of the funding received under the CHIPS and Science Act?

To reduce taxes

To create domestic manufacturing jobs

To develop new software

To increase exports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the sectors that could be affected by U.S. investment restrictions?

Textile industry

Automobile manufacturing

Foundational chips

Renewable energy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Federal Reserve's stance on the potential inflationary impacts of tariffs?

They have decided to remove all tariffs

They are cautious and considering scenarios

They are rushing to implement changes

They believe tariffs have no impact