In April 2022, Arun Venkataraman was sworn in as assistant secretary of commerce for global markets, where he leads the US federal government's efforts to promote exports abroad and attract inward investment.

Speaking with Alex Irwin-Hunt at the 2022 SelectUSA Investment Summit held from 26-29 June in Washington DC, Mr Venkataraman discusses Taiwan's GlobalWafers plans to open a silicon wafer factory in Texas and what that means for the US chip supply chain.

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