Analysis: How idled car factories super-charged a push for U.S. chip subsidies

Analysis: How idled car factories super-charged a push for U.S. chip subsidies

3 years ago
Anonymous $rH7oE7DjRg

https://www.reuters.com/article/us-usa-semiconductors-analysis/analysis-how-idled-car-factories-super-charged-a-push-for-u-s-chip-subsidies-idUSKBN2AQ30D

When President Joe Biden on Wednesday stood at a lectern holding a microchip and pledged to support $37 billion in federal subsidies for American semiconductor manufacturing, it marked a political breakthrough that happened much more quickly than industry insiders had expected.