Biden calls for brand spanking new funding to battle semiconductor scarcity in finances request


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Photograph by Brendan Smialowski / AFP by way of Getty Photographs

In its first finances proposal to Congress on Friday, the White Home known as for brand spanking new funding to battle the continued semiconductor scarcity.

Amongst different measures, the White Home’s finances request contains $150 million to fund two new manufacturing applications, together with one focusing on home semiconductor manufacturing. It’s the newest effort from the White Home to deal with the continued semiconductor scarcity, which has stalled provide for client gadgets just like the PlayStation 5 and halted manufacturing at Ford meeting traces.

The “American Jobs Plan,” the sweeping $2 trillion infrastructure package deal unveiled in March, additionally included new funding to construct home chip manufacturing capability, allocating over $50 billion for funding within the sector. In…

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