Senate Passes Chip Manufacturing Bill

By Staff Writer June 14, 2021 1004

 

U.S. Senate Majority Leader Charles E. Schumer announced Senate passage of the U.S. Competition and Innovation Act, which combines Schumer’s Endless Frontier Act, other bipartisan competitiveness bills, and includes $52 billion in emergency supplemental appropriations to implement the semiconductor-related manufacturing and R&D programs Schumer authorized in last year’s National Defense Authorization Act.  It also includes a program to support legacy chip production that is essential to the auto industry, the military, and other critical industries. An additional $1.5 billion was included for implementation of implement the USA Telecommunications Act that was also passed as part of last year’s NDAA to foster U.S. innovation in the race for 5G.

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Last modified on Tuesday, 22 June 2021 11:42