Jim Cramer on U.S. semiconductor production: We have mortgaged our defense to Taiwan, South Korea

CNBC Television published this video item, entitled “Jim Cramer on U.S. semiconductor production: We have mortgaged our defense to Taiwan, South Korea” – below is their description.

CNBC’s Jim Cramer and the ‘Squawk on the Street’ team react to Intel’s warning that its Ohio semiconductor facility could be delayed or scaled back if Congress doesn’t progress the CHIPS Act. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb.cx/3Ei22n4

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world’s most heavily militarized borders with North Korea. It’s equally known for its green, hilly countryside dotted with cherry trees and centuries-old Buddhist temples, plus its coastal fishing villages, sub-tropical islands and high-tech cities such as Seoul, the capital.

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