New Group Asks Congress for Chip Funding
Congress should appropriate $50 billion for “domestic chip manufacturing incentives and research initiatives,” the new Semiconductors in America Coalition said Tuesday. It includes Amazon Web Services, Apple, AT&T, Cisco, Google, Hewlett Packard Enterprise, Microsoft and Verizon. The coalition wants the…
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amount to fund implementation of the Creating Helpful Incentives to Produce Semiconductors for America Act (see 2101030002). Biden extended such a national emergency Tuesday (see 2105110070).