Auto Chipmaker News Today

With this injection of capital Shanghai-based GTA Semiconductor, one of Chinas largest auto chipmakers manufacturers by production, has in less than two years racked up over $2.7 billion of mostly state funds, according to the Securities Times.

>> senator john cornyn of texas cosponsored the $52 million chips for america act to try to turn the tribe. >> literally everything that has been off and on switch depends on semiconductors. >> the u.s. dominates the developments basement manufacturing happens mostly overseas. pandemic related shortages inspired an executive order and the situation seems to be getting worse. a bigger variable: the sensitive manufacturing process. >> as long as no grain of sand falls into the swimming pool. >> a ...