AWS, HPE, Other IT Vendors Back $50B Call For U.S. Chip Production
The call to subsidize domestic semiconductor manufacturing and research with $50 billion in funding comes from a new coalition of companies that includes Amazon Web Services, Apple, Cisco, Google, Hewlett Packard Enterprise and Microsoft. It’s also backed by IT distributors Avnet and Arrow Electronics. In addition, telecom giants AT&T and Verizon back the funding that was previously authorized — but not appropriated — by Congress.
By
Dylan Martin May 11, 2021, 04:03 PM EDT
The call to subsidize U.S. chip manufacturing efforts with $50 billion in government funding has gained the backing of a new coalition of semiconductor companies, IT vendors and other companies that are in close orbit of chipmakers like Intel, AMD and Samsung.