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Congress

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

By Matthew Beinart

Tuesday, February 23rd, 2021

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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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