Chipmakers urge Biden administration to invest in US manufacturing

The effort could help resolve the critical microchip shortage currently hobbling industries from automobiles to video games. It could also address longstanding concerns about shrinking US capacity to produce these crucial electronics components. Industry leaders including Intel (INTC), AMD (AMD) and Qualcomm (QCOM) sent a letter to President Joe Biden Thursday urging him to include funding for semiconductor manufacturing and research in his administration’s plans for economic recovery from the pandemic. “(Semiconductors) enable the technologies needed to realize your Build Back Better goals, including smarter and safer transportation, greater broadband access, cleaner energy, and a more efficient energy grid, while also providing high-paying jobs for Americans and strengthening

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Newsom Reports Progress With Vaccine Supply and Distribution

Gov. Gavin Newsom visited the Mass vaccination site at the Moscone Center in San Francisco Friday and gave an update on vaccines and the...

‘Anti-Racist Library' Keeps Conversation About Racism Going

A group of East Bay mothers trying to help their neighbors better understand the Black experience have turned to what they call the "anti-racist...

Insights About Startup Hiring In The Early Versus Growth Stages

Share to Facebook Share to Twitter Share to Linkedin Building a startup team is something that you need to get right...