Chips’ Shortfall: Biden Seeking $37 Billion in Funding

The shortfall of semiconductors has resulted in several automakers halting production. The new law (CHIPS for America Act) calls for incentives for domestic semiconductor manufacturing and investments in chip research USA’s recently elected President Joe Biden is seeking $37 billion in funding to rescue the ailing chip manufacturing industry in the United States. A report … Continue reading Chips’ Shortfall: Biden Seeking $37 Billion in Funding