“Creating Helpful Incentives to Produce Semiconductors for America” earmarks billions for manufacturing and research. As lawmakers square off on how to spend the funds, the supply chain hangs in the balance.
What’s at stake?
Push comes to shove later this month when House and Senate conferees roll up their sleeves to reconcile sharp differences in proposed legislation aimed at reviving U.S. semiconductor manufacturing. Among other decisions will be allocating $52 billion in federal subsidies in ways that address supply chain concerns while advancing technology innovation.
The direction of U.S. investments in semiconductor technology and revived manufacturing will be determined in coming weeks as congressional conferees hammer out a compromise needed to overcome conflicting visions for boosting American competitiveness.
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