Biden admin picks Google chair to lead computer chip research: Report

The Biden administration will rely on the chairman of Google parent Alphabet, John Hennessy, and four other tech professionals for the research and development of new computer chips, the Commerce Department is expected to announce Tuesday, according to Reuters.

Part of last year's bipartisan $52.7 billion semiconductor manufacturing and research law, which also subsidizes new chip plants, the public-private partnership will lead research on next-generation chips while also creating high-paying jobs.

The Biden White House hopes the initiative will reduce dependence on major producers in China and Taiwan.