US House of Representatives passes China Competition Bill that will boost US chip makingThe US House of Representative passed the China Competition Bill that would help to boost US chip making;The bill would provide: $52 billion over five years to boost semiconductor research, design and manufacturing in the United States, according to a summary of the bill provided by House Democrats.
Source: US House of Representatives passes China Competition Bill that will boost US chip making (https://www.forexlive.com/news/us-house-of-representatives-passes-china-competition-bill-that-will-boost-us-chip-making-20220204/)
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