https://ift.tt/oPG1BMX Administration Warns of Dire National Security Ramifications as Bill to Boost US Chipmaking Stalls - Level tech

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Thursday, July 14, 2022

https://ift.tt/oPG1BMX Administration Warns of Dire National Security Ramifications as Bill to Boost US Chipmaking Stalls

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The Biden administration has warned of series consequences for the economy and for national security if a bill to boost chipmaking in the US is not passed by the US Congress the end of July. The White House seeks to fund $52 billion (roughly Rs. 4,15,400 crore) for chip production and to boost US innovation to compete with China. The administration also held a closed-...The Biden administration has warned of series consequences for the economy and for national security if a bill to boost chipmaking in the US is not passed by the US Congress the end of July. The White House seeks to fund $52 billion (roughly Rs. 4,15,400 crore) for chip production and to boost US innovation to compete with China. The administration also held a closed-...

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