U.S. Lawmakers Urge Speedy Action On U.S Semiconductor Chips Funding Updates 2021

The U.S. Senate voted 68-32 in June to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology, including providing $52 billion for chips, but the measure has stalled in the House.

The House lawmakers in a letter warned of the “dire consequences the automotive industry as a whole—and the nation—faces if we fail to advance legislation soon.”

 

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