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Advanced / Transformational Technology

Bipartisan Panel Urges Swift Passage Of Bill With $52 Billion To Boost U.S. Semiconductor Production

By Cal Biesecker

Monday, March 21st, 2022

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Bipartisan Panel Urges Swift Passage Of Bill With $52 Billion To Boost U.S. Semiconductor Production

U.S. Commerce Secretary Gina Raimondo. Photo: Department of Commerce

The U.S. can’t wait any longer for Congress to pass an innovation competitiveness bill that includes $52 billion to help boost growth of domestic semiconductor production and related capabilities for both economic and national security reasons, a bipartisan panel of stakeholders, politicians and experts said on Monday. “We need to act obviously because we’re way behind because of our complacency and Chinese economic aggression,” H.R. McMaster, a retired Army three-star general who also spent a year as national security adviser…

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