Senate Passes Bill to Boost US Tech Industry, Counter Rivals

WSJ What's News


In washington. The senate approved a bipartisan. Two hundred fifty billion dollar bill. Tuesday that would boost government spending on tech research and development the us innovation and competition act is aimed at reversing trends in us. Competitiveness including it's shrinking chair of the world semiconductor manufacturing allocating fifty two billion dollars for semiconductor production in the us. It still needs approval. In the house.

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