Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

US senate bolsters bill to boost the production of semiconductors

  • By Al Mayadeen English
  • Source: Agencies
  • 26 Jul 2022 22:32
2 Min Read

It's believed that such a move will attenuate competitivity with China over the production of computer chips.

  • x
  • US senate bolsters bill to boost the production of semiconductors
    US senate bolsters bill to boost the production of semiconductors

The US senate decided on Tuesday to advance a bill that will increase the local production of semiconductors and increase American competitiveness.

Yesterday, US president Joe Biden urged Congress to pass legislation “as soon as possible” that provides $52 billion to support semiconductor production in the US.

The vote was today passed at 64 to 32, moving the bill forward toward passage by the chamber, and the final passage of the bill is expected this week.

Majority Leader Chuck Schumer said on Tuesday in a speech on the Senate floor that “[this legislation] will make historic investments to scientific research. It will take direct aim at our nation’s chip crisis.” 

“I’m confident that future generations will look back on the passage of this chips and science bill as a turning point for American leadership in the 21st century” he added.

Related News

US blocks semiconductors, jet parts from reaching China

Trump urges US chip firms to halt sales to China: FT

An amount of $52 billion is set to be invested in the industry if the legislation comes to pass.

Another $100 billion will be invested over five years for National Science Foundation work to allow any research and development costs to be immediately deducted through 2025.

Demand for these chips has exploded during the pandemic, resulting in a shortage exacerbated by the closure of factories in China due to the resurgence of COVID-19.

Six months ago, it was reported that American corporations have an average of fewer than five days' worth of semiconductors on hand, putting them at risk of production shutdowns if supply is disrupted.

The shortage has had severe consequences in many economic industries, including the automotive, medical devices, electronics, and energy sectors.

The US has in recent months increased efforts to strengthen technological cooperation with countries including South Korea and Japan to create semiconductor supply chains that bypass China.

Read more: US Treasury Secretary critical of China's 'unfair' trade practices

  • US Senate
  • US economy
  • semiconductors

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS