A total of 64 of 100 senators, Democrats and Republicans, voted for the “Chip Law and Science”.
“The Senate has passed historic legislation that will cut costs and create jobs,” the US president immediately commented, Joe Bidenwho asked lawmakers in the House of Representatives to pass the law “quickly.”
“will mean american supply chains more resilient, so we will never be so connected with foreign countries in critical technologies what we need for american consumers and national security,” Biden said in a statement.
For its part, China assured this Thursday that the project “contains provisions restricting scientific and technological cooperation between China and the United States.”
“China is firmly opposed” to the new law, the Foreign Ministry spokesmanZhao Lijian, at a press conference.
The demand for semiconductors, the heart of all modern electronicsskyrocketed during the Covid-19 pandemic, causing a world shortage further exacerbated by the closure of Chinese factories due to outbreaks of the coronavirus.
Chip supply problems, present in both smartphones and helicoptershave fueled, according to the Biden government, galloping inflation in the country.
In particular, they slowed vehicle production last year, causing prices to soar in the auto industry.
Meanwhile, most of the funds are expected to go to financing new factories, but these will take two or three years to complete once construction begins.
Source: Ambito
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