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Schumer Details Work On New Bill To Bolster Semiconductor Manufacturing To ‘Outcompete China’

Schumer Details Work On New Bill To Bolster Semiconductor Manufacturing To ‘Outcompete China’
Senate Majority Leader Chuck Schumer (D-N.Y.)

Senate Majority Leader Chuck Schumer (D-N.Y.) said Tuesday he is working to bring a bill to the floor this spring aimed at bolstering the U.S. semiconductor manufacturing capacity and investing in emerging technology areas required to “outcompete China.” Schumer’s remarks followed a Senate Armed Services Committee hearing earlier in the day where Eric Schmidt, the former Google CEO and currently co-chair of the National Security Commission on Artificial Intelligence (NSCAI), urged lawmakers to begin the “long, complicated and painful” process…

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