US Senate approves conductor chip bill
The US Senate has approved a US-for-sales bill called the “Conference Version” as lawmakers from both houses seek to agree a compromise deal.
The persistent shortage of chips at the industry level drove production in the automotive and electronics industries, which led to higher production in the automotive and electronics industries, and there were calls to reduce dependence on other countries in the semiconductor industry, and the Senate passed the first start of chips in June which also allowed Africa $190 billion.
Laws take different approaches to dealing with competitiveness with China on a wide range of issues, as well as on trade and rectification, and make decisions about dealing with trade-related issues.
White House spokeswoman Jen Psaki said the Senate vote was another sign, “and deliver more results in America, beat China, the rest of the world, and we’re looking forward to the Trade Quota Council, … taking action and bringing it back to the Senate later this week.” The Senate will need to vote again to qualify.A final agreement may not be reached until the summer.
The entrepreneur argued that taxpayers should start with equity in chip companies in exchange for subsidies, and Sanders said: “The American people, not just the rich.”
US Commerce Secretary Gina Raimondo recalls that two decades ago, the United States produced nearly 40% of all chips while today it accounts for only 12% of global production. The US Senate vote has pushed “one more step toward revitalizing the US semiconductor industry, securing critical supply chains, and bringing high-quality jobs home.”
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