Key Senate votes expected next week on bill to boost US semiconductor production
CNN
The Senate is on track to move to final passage as soon as next week on a long-awaited bill aimed at boosting US semiconductor production in a bid to increase American competitiveness.
The legislation is aimed at addressing a semiconductor chip shortage and making the US less reliant on other countries such as China for manufacturing. Senators supportive of the bill say the measure is important not only for US technological innovation, but for national security as well.
The bill sets up incentives for domestic semiconductor manufacturing as well as research and development and includes more than $50 billion in funding.
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