US Senate Majority Leader Chuck Schumer addressing reporters in Washington on Tuesday. The New York Democrat says passing the semiconductor bill is crucial to solving America’s chip shortage. Photo: AP
US Senate Majority Leader Chuck Schumer addressing reporters in Washington on Tuesday. The New York Democrat says passing the semiconductor bill is crucial to solving America’s chip shortage. Photo: AP

Senate ‘test vote’ shows support for bill providing $52 billion to US semiconductor industry to out-compete China

  • America’s status as ‘number one economy and innovator in the world’ at stake, says Senate Majority Leader Chuck Schumer as he urges passage
  • But other China priorities in competition bill could falter as negotiations get entwined in policy debates and political divisions in Congress

US Senate Majority Leader Chuck Schumer addressing reporters in Washington on Tuesday. The New York Democrat says passing the semiconductor bill is crucial to solving America’s chip shortage. Photo: AP
US Senate Majority Leader Chuck Schumer addressing reporters in Washington on Tuesday. The New York Democrat says passing the semiconductor bill is crucial to solving America’s chip shortage. Photo: AP
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