US President Joe Biden Pushes Congress to Pass $52 Billion Bill to Boost US Chip Production
“Congress have to ignore this consignment as quickly as possible,” he said, citing each the monetary and country wide safety “imperative” of securing manufacturing of the tiny elements wanted for the whole lot from clever telephones to automobiles and weapons.
“America invented semiconductors, however over the years we let the manufacturing of these semiconductors go overseas,” Biden said. “The United States has to lead the world in manufacturing of these chips.”
Commerce Secretary Gina Raimondo referred to as the microchips “a cornerstone science that underpin our whole economy” and warned that the United States has already fallen a long way behind.
While the microchips are at the coronary heart of day-to-day technology, along with in the booming electric powered automobile industry, officers additionally harassed to Biden the countrywide protection implications of a vulnerable grant chain.