Biden signs historic bill to boost US chips and compete with China

In the United States, Joe Biden yesterday signed a bill to promote American chips and compete with those in China. It is a landmark bill that would provide $52.7 billion in support for US semiconductor research and production and to enhance US competitiveness against China’s science and technology efforts.

“The future will be made in the United States,” Biden said yesterday, while calling the measure a “unique investment in the United States in and of itself.” What is not yet clear is how long it will take the US Department of Commerce to set the rules for reviewing and accepting these subsidies.

If you want to get into TV Business Academy, this is the link
https://www.YouTube.com/channel/UCwd8Byi93KbnsYmCcKLExvQ/join

#Biden
#United States of America
#Chips
# Semiconductors
#shepsio
#shipchinos
#China
#newsenglish

Follow us live ➡️ https://bit.ly/2Ts9V3p
Subscribe to our channel: https://bit.ly/3jsMzp2
Visit Business TV https://bit.ly/2Ts9V3p
More Business TV videos on Youtube: https://bit.ly/3edxt61
Follow us on Telegram: https://t.me/businesstv
Follow us on instagram: https://bit.ly/3oytWnd
Twitter: https://bit.ly/3jz6Lpt
Facebook: https://bit.ly/3e3kIuy


See also  Joe Biden proposed a $ 6 trillion budget to "reinvent" the US economy

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

Leave a Reply

Your email address will not be published.

Back to top