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Haley opposes major computer chips bill: ‘We don’t need to be China to beat China’

News Snapshot:

NEWYou can now listen to LBL articles! FIRST ON LOVEBYLIFE: Former UN Ambassador Nikki Haley is opposing a major bipartisan bill aimed at boosting the US semiconductor industry, arguing that the way to beat China is through innovation — and not via “corporate handouts.” “We don’t need to be China to beat China,” Haley said in a statement to LBL Digital. The bill, aimed at boosting the US semiconductor industry to give the US the competitive edge over China, cleared a procedural vote in the Senate this week with 16 Republican votes. The bill includes $52 billion in funding for…

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