The Chips Act is a win-win for the United States and South Korea.

The US Chips Act, which was signed into law in August to reduce America's reliance on foreign-made semiconductors by increasing domestic production, is a win-win for both the United States and South Korea, according to US Vice President Joe Biden.

"It's creating jobs in South Korea, not just with SK, but also with Samsung and in other industries," Biden said at a press conference following the summi....