US-China tech war: US Senate said to be mulling US$30 billion in funding to boost semiconductor industry

Source: South China Morning PostThe US Senate is considering including in a new bill to boost competitiveness against China US$30 billion in funding for previously-approved measures to supercharge the country’s semiconductor industry, a congressional source said on Thursday.Lawmakers aim to bring the package, which would include other elements to boost the US tech sector, to a full vote in April, the person said, declining to be named because the legislation has not been finalised.The source, who is involved in the effort,…Read More

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