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U.S. Commerce Secretary Gina Raimondo announces a US$5 billion investment in the semiconductor industry during her visit to Thailand and the Philippines. The investment aims to bolster production and foster growth opportunities in the Asia-Pacific region. Thailand’s commitment to the semiconductor sector is highlighted, with Minister of Commerce Srettha Thavisin emphasizing its strategic importance and readiness for industry collaboration. Raimondo’s visit underscores the U.S.’s focus on diversifying supply chains and strengthening ties with the region.