WATCH: White House says Biden administration is preparing to release CHIPS funds

U.S. Commerce Secretary Gina Raimondo announced Tuesday that the Biden administration is preparing to divvy up $50 billion in federal assistance to the computer chip industry.

Watch the briefing in the player above.

“With this funding, we’re going to make sure the United States is never again in a position where our national security interests are compromised or key industries are immobilized due to our inability to produce essential semiconductors here at home,” Raimondo told reporters.

White House press secretary Karine Jean-Pierre said President Biden will speak to new U.K. Prime Minister later Tuesday and continued to describe the relationship between the two countries as “special.”

The White House also welcomed the Israeli military’s long-awaited results of its investigation into the deadly shooting of Al Jazeera journalist Shireen Abu Akleh.

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Israel said there was a “high probability” an Israeli soldier had mistakenly killed her during a raid in the occupied West Bank last May.

It was the closest that Israel has come to accepting responsibility for the shooting. But in a report that seemed to raise as many questions as it sought to answer, the military revealed no new evidence to back its claim that the Palestinian-American journalist might have been killed by Palestinian fire during a battle between Palestinian gunmen and Israel troops. It also said that no one would be punished for the shooting.

The conclusions were unlikely to put to rest an issue that has worsened what already were badly strained relations between Israel and the Palestinians. Both Palestinian officials and Abu Akleh’s family accused the army of evading responsibility for her killing.

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