https://www.reuters.com/article/us-usa-biden-supply-chains/biden-to-press-for-37-billion-to-boost-chip-manufacturing-amid-shortfall-idUSKBN2AO13D

President Joe Biden said on Wednesday he would seek $37 billion in funding for legislation to supercharge chip manufacturing in the United States as a shortfall of semiconductors has forced U.S. automakers and other manufacturers to cut production.