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.