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Fresh off Biden visit, Mack Trucks says it is hiring up to 400 in the Lehigh Valley this year to meet demand

Fresh off Biden visit, Mack Trucks says it is hiring up to 400 in the Lehigh Valley this year to meet demand
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The Great Semiconductor Shortage

The Great Semiconductor Shortage
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Chips For America: U S Senate Passes Bill Sending $52 Billion To Chip Manufacturing

U.S. senators passed a sweeping, bipartisan piece of legislation this week that will funnel billions towards manufacturing semiconductor chips and otherwise help fund the tech industry in America. The Innovation and Competition Act of 2021 establishes investments and incentives aimed at supporting U.S. manufacturing, research and development, and supply chain security for high-tech industries. The bill includes steps proposed in another act (Creating Helpful Incentives to Produce Semiconductors for America Act) that would provide $52 billion to support semiconductor manufacturing in America. It will give $81 billion for the National Science Foundation between 2022 and 2026, authorize $16.9 billion for the Department of Energy for R&D in energy-related supply chains, as well as bar U.S. diplomats from attending the 2022 Beijing Winter Olympics.

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