US $52 billion chip funding could help ease the global chip shortage PUBLISHED BY
The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisis on the automotive market has been debilitating, resulting in competition between automakers and electronics manufacturers. To prevent the global chip shortage from razing the economy to the ground the
U.S. Commerce Secretary Gina Raimondo has proposed a
$52 billion boost in
U.S. government funding for semiconductor production and research which could result in seven to 10 new U.S. factories.
Business News: May 2021
This company’s B Series of liquid mixing systems (photo) are…
Business News: May 2021
Chevron and Honeywell start up alkylation unit using new ionic-liquids technology
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Sika expands admixtures capacity and begins epoxy-resin production in Qatar
Battery Startup Comes Out of Stealth to Seize On Investor Frenzy msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.