Many companies currently source semiconductors from China, and this bill could be a boon to U.S. semiconductor companies. The funding comes as a global chip shortage is vexing U.S. businesses, Many companies currently source semiconductors from China, and this bill could be a boon to U.S. semiconductor companies. The funding comes as a global chip shortage is vexing U.S. businesses, from automakers to dog washers . The funding could address long-running concerns in the tech industry about the lack of U.S. government investment in emerging technologies. The funding comes as tech companies and workers are grappling with the future of work, and in some instances, considering moving to smaller cities outside major tech hubs like San Francisco and Seattle.

Source: Washington Post June 09, 2021 13:18 UTC