Business & Finance

Reuters exclusively reports U.S. senators close to announcing $52 bln chips funding deal

Reuters reported exclusively that a group of U.S. senators are close to unveiling a $52 billion proposal that would significantly boost U.S. semiconductor chip production and research over five years. The senators have been negotiating a compromise measure to address the issue in the face of rising Chinese semiconductor production and shortages impacting automakers and other U.S. industries. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Technology
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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