Senate approves billions for US semiconductor manufacturing


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After months of political jockeying and procedural hurdles, the Senate accepted a large science and expertise invoice Tuesday to spice up US competitiveness with China. The invoice invests billions into rising expertise industries like synthetic intelligence, semiconductors, and quantum computing within the US.

The invoice — titled the US Innovation and Competitors Act or USICA — builds off a earlier proposal from Senate Majority Chief Chuck Schumer (D-NY) known as the Infinite Frontier Act. Infinite Frontier was lauded as one of many first massive bipartisan payments to come back from the Biden administration. However over the previous couple of months, the invoice, which was seen as a must-pass piece of laws for each events, was bloated with political mush and far…

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