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
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.
Qatari PM: We must not surrender to the arrogance of extremists and pursue our quest for a 'two-state solution'
Qatari PM: The only path to peace begins through negotiations and a ceasefire

US senate bolsters bill to boost the production of semiconductors

  • By Al Mayadeen English
  • Source: Agencies
  • 26 Jul 2022 21:32
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 secures 10% ownership in Intel as Trump prods new industrial policy

Nvidia and AMD agree to give US 15% of China chip revenues

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

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Damage sustained after a Yemeni drone exploded in Ramon Airport, southern occupied Palestine, Sunday, September 7, 2025 (Social Media)

Yemeni drone successfully hits Ramon Airport in southern Palestine

  • Politics
  • 7 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Palestinians run for cover during an Israeli military strike on a building in Gaza City, Saturday, Sept. 13, 2025. (AP Photo/Yousef Al Zanoun)
Politics

Israeli bombs kill 45 in Gaza as schools, homes targeted

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization
Palestine

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Hamas: Over one million in Gaza face ethnic cleansing
Palestine

Over one million in Gaza face ethnic cleansing: Palestinian Resistance

Head of the National Security Committee in Iran’s Parliament, MP Ebrahim Azizi. (Tasnim News Agency)
Politics

Iran parliament security chief: NPT exit on table if snapback invoked

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