Senate Votes to Advance Bill to Subsidize U.S.-Made Semiconductor Chips

By Amy B Wang and Jeanne Whalen

Source: Washington Post

July 26, 2022


The Senate voted Tuesday to advance a bill that would provide $52 billion in subsidies to domestic semiconductor manufacturers, as well as invest billions in science and technology innovation, in a bid to strengthen the United States’ competitiveness and self-reliance in what is seen as a keystone industry for economic and national security.

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