Over a year after passing its first version of a bill boosting semiconductor competition with China , the US Senate was due to vote on a slimmed-down version of legislation to provide more than $50 billion in subsidies for the computer chip industry. The Senate 's Democratic majority leader, Chuck Schumer , announced that the first procedural vote would take place, calling US semiconductor manufacturing a matter of national security as well as a source of jobs. Senate aides said the goal is to pass the bill by early next week. That would send the bill to the House of…