U.S. senators expected to announce $52 bln chips funding deal -- sources

Reuters2021-05-14

May 14 (Reuters) - A bipartisan group of U.S. senators is expected to unveil a $52 billion proposal on Friday that would significantly boost U.S. semiconductor chip production and research over five years, sources briefed on the matter said.

Senators Mark Kelly, John Cornyn, Mark Warner and Tom Cotton have been negotiating a compromise measure to address the issue in the face of rising Chinese semiconductor production and shortages impacting automakers and other U.S. industries. The chips funding is expected to be included in a bill the Senate will take up next week on funding basic U.S. and advanced technology research. (Reporting by David Shepardson and Michael Martina)

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Comments

  • kytan87
    2021-05-18
    kytan87
    [微笑] 
  • Kiteflying
    2021-05-18
    Kiteflying
    Good
  • keaty
    2021-05-18
    keaty
    These days all chips are getting more crispier
  • Mando88
    2021-05-18
    Mando88
    Agree
  • Jeanp14
    2021-05-17
    Jeanp14
    Hopefully semiconductors stocks will go up! 
  • The_scalper
    2021-05-17
    The_scalper
    Way to go ??
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