Democratic Majority Leader Chuck Schumer said the US Senate would begin voting on Tuesday on legislation to boost the US semiconductor industry and improve competitiveness with China. “We need to move quickly,” he said on Monday as the Senate opened for the week. The legislation is a slimmed-down version of a bill that members of Congress have been working on for well over a year, expected to include US$52 billion in subsidies for the industry and a tax credit for companies that manufacture semiconductors in the United States. “Without these incentives from Congress, the capital investment required for expanding production…