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Consensus Evades Senate on China Bill, Insurrection Commission

Consensus Evades Senate on China Bill, Insurrection Commission
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US federal funding could result in up to 10 new chip factories

US federal funding could result in up to 10 new chip factories The bill includes $39 billion in production and R&D incentives and $10.5 billion to implement various programs. Tuesday, May 25, 2021 11:40 PM UTC A proposed $52 billion boost in US federal funding for semiconductor production and research could unlock private capital resulting in up to 10 new factories, according to US Commerce Secretary Gina Raimondo. The funding was proposed last week by Senate Democratic Leader Chuck Schumer. The bill includes $39 billion in production and R&D incentives and $10.5 billion to implement programs, such as the National Advanced Packaging Manufacturing Program, National Semiconductor Technology Center, and other R&D programs.

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QOTD: Should the U S Produce Its Own Semiconductor Chips?

Now that it's effectively too late to avoid a crisis, the U.S. has begun asking itself whether or not now is the time to build its own semiconductor chips.

United statesGina raimondoJohn cornynNational advanced packaging manufacturing programSenate democratic leader chuck schumerNational semiconductor technology centerChinese communist partyMicron technology incSecretary gina raimondoDemocratic leader chuck schumerTexas republicanWorld warஒன்றுபட்டது மாநிலங்களில்ஜினா ரேமாஂடொஜான் கார்னிசெனட் ஜனநாயக தலைவர் சக் ஸ்குமர்

U S Federal Chip Funding Could Create Up To 10 New Local Factories

A proposed $52 billion in federal funding for semiconductors could lead to the creation of seven to 10 new U.S. factories that produce chips. U.S. Commerce Secretary Gina Raimondo expects the funding would generate over $150 billion in investment in local chip research and production. “We just need the federal money… to unlock private capital,” Raimondo said this week, “it could be seven, could be eight, could be nine, could be 10 new factories in America by the time we’re done.” Raimondo said states will likely compete for federal funding for chip facilities and indicated that the Commerce department would have a transparent process for awarding funding.

United statesGina raimondoJohn cornynCommerce departmentNational advanced packaging manufacturing programNational semiconductor technology centerSecretary gina raimondoChip shortageRepublican senator john cornynAmerica actஒன்றுபட்டது மாநிலங்களில்ஜினா ரேமாஂடொஜான் கார்னிவர்த்தகம் துறைதேசிய குறைக்கடத்தி தொழில்நுட்பம் மையம்செயலாளர் ஜினா ரேமாஂடொ

U S chip funding could result in seven to 10 new factories, officials say

Last week, Senate Democratic Leader Chuck Schumer unveiled revised bipartisan legislation to spend $52 billion for U.S. semiconductor chip production and research over five years.

United statesGina raimondoMark warnerJohn cornynNational advanced packaging manufacturing programFord motor coToyota motor corpFord motorMicron technology incCommerce departmentSenate democratic leader chuck schumerNational semiconductor technology centerMotors coSecretary gina raimondoMicron technologyToyota motor