An employee works in the clean room of the Barcelona Institute for Microelectronics, March 3, 2022. A global shortage of chips has put pressure on the US to fund local production. Photo: AFP
US lawmakers urge speedy action on funding for semiconductor production and research
- The funding will ‘help prevent future shortages that cause GDP drag, job losses, more expensive consumer goods, and national security vulnerabilities’, lawmakers said
- A persistent industry-wide shortage of chips has disrupted production in the car and electronics industries, forcing some firms to scale back production
An employee works in the clean room of the Barcelona Institute for Microelectronics, March 3, 2022. A global shortage of chips has put pressure on the US to fund local production. Photo: AFP
