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US Senate pushes domestic semiconductor manufacturing to cut reliance on China – The Limited Times

July 21, 2022
Source: newsrnd.com newsrnd.com
News Snapshot:
The leader of the Democratic majority in the Senate, Chuck Schumer, this Tuesday night at the Capitol. ELIZABETH FRANTZ (REUTERS) One of the first symptoms of the seizure of global supply chains was, in early 2021, the temporary stoppage of several automobile plants in the US due to a lack of semiconductors. That global jam ultimately not only contributed to fueling inflation, but also demonstrated the strategic dependence on China or Taiwan, the main producers of those vital microprocessors for the manufacture of automobiles, mobile phones or robots for medical use. This Wednesday the Senate has advanced to reduce dependence...
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