A $280 billion bill to encourage chip research and manufacturing in the U.S. has passed the Senate. It is expected to see quick action in the House.
Semiconductor manufacturers Samsung, Intel and Texas Instruments recently announced plans for new chip factories in the U.S.
WSJ’s Rob Copeland visits Central Texas to learn why Samsung is moving to the region and what this type of reshoring could mean for the American economy. Photo Illustration: Adele Morgan.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House and Senate pass Homicide Victims’ Families’ Rights Act - KRLD News
Read more »
Bill to Boost U.S. Chip Production and Competition With China Clears Key Senate HurdleThe CHIPS-plus bill includes roughly $52 billion in funding for U.S. companies producing computer chips, among other provisions.
Read more »
China targeted the Fed for more than a decade, Senate report findsLawmakers accused the Chinese government of “malign efforts to target, influence and undermine the U.S. Federal Reserve” in a report released Tuesday.
Read more »
Former Missouri governor’s bid for Senate sinking amid domestic abuse adsNational and state Republicans have spent a year hoping someone — anyone — would prevent disgraced former Gov. Eric Greitens from becoming the Republican Senate nominee in Missouri
Read more »
The country has a major microchip problem -- and the Senate has a $52 billion solutionThe bill that Senate lawmakers are hoping to advance this week allocates $52 billion to spur domestic research and development of microchips and grants tax incentives for manufacturing.
Read more »