Its long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit . The white house is marking one year since President Biden signed the chips for america legislation. It earmarked 52. 7 million in subisdies for the Semiconductor Industry in the us. The Commerce Department started taking in applications injune for the Subsidy Programme for Us Semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. The programme is part of the administrations bid to boost competitiveness with chinas science and technology. The Commerce Department is also tyring to ensure that china doesnt benefit from the subsidies. Adrienne elrod is director of external and Government Affairs in the chips for America Office of the Us Department of commerce. How does the Biden Administration believe this legislation serves economic and National Security . First of all i think, thank you for having me, it is great to t
it s long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit? the white house is marking one year since president biden signed the chips for america legislation. it earmarked $52.7 million in subisdies for the semiconductor industry in the us. the commerce department started taking in applications injune for the subsidy programme for us semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. the programme is part of the administration s bid to boost competitiveness with china s science and technology. the commerce department is also tyring to ensure that china doesn t benefit from the subsidies. adrienne elrod is director of external and government affairs in the chips for america office of the us department of commerce.