https://sputnikglobe.com/20220121/pelosi-us-house-to-introduce-competitiveness-bill-to-bolster-investment-in-chips-1092433663.html

Pelosi: US House to Introduce Competitiveness Bill to Bolster Investment in Chips

Pelosi: US House to Introduce Competitiveness Bill to Bolster Investment in Chips

Sputnik International

WASHINGTON (Sputnik) - US House Speaker Nancy Pelosi said on Friday that the lower chamber of the Congress is going to introduce new legislation aimed at... 21.01.2022, Sputnik International

2022-01-21T16:55+0000

2022-01-21T16:55+0000

2022-01-21T16:55+0000

us

nancy pelosi

chips

semiconductors

https://cdn1.img.sputnikglobe.com/img/102336/81/1023368145_0:192:2048:1344_1920x0_80_0_0_878344aa53126418477825d1f4dd17ca.jpg

“The House will soon introduce its competitiveness bill. The House legislation will supercharge our investment in chips, strengthen our supply chain and transform our research capacity, plus many other key provisions,” Pelosi said in a letter to her Democratic colleagues.Pelosi said she believes the bill will strengthen national and economic security and the financial security of families in the United States.This bill is also referred to as a “China Competitiveness bill” as the Biden administration strives to catch up with the growing gap between the United States and its key Asian competitor in terms of electronic chip production and overall economic influence.If passed, the new legislation is expected to secure billions of dollars in stimulating research and domestic chip production.

https://sputnikglobe.com/20220105/semiconductors-supply-shortage-to-further-car-prices-hike-amid-inflation-in-us---report-1092045846.html

2022

News

en_EN

us, nancy pelosi, chips, semiconductors