America First costs: US chip industry wants $ 37 billion
That should be really expensive. The industry is now demanding $ 37 billion to secure the US leadership in chip technology. The U.S. semiconductor industry is demanding $ 37 billion in government grants for the construction of new manufacturing facilities and research centers. These figures come from a report from the Semiconductor Industry Association (SIA) available to the WSJ . "The Trump administration is committed to ensuring that the US has a secure, vibrant, and internationally competitive high-tech ecosystem that is supported by domestic chip manufacturing," Ross said. A State Department spokeswoman reiterated this position, saying the state "works closely with Congress and industry to ensure that the future of the semiconductor industry remains in the United States." Congress has proposed a $ 110 billion increase in technology spending, supported by a group of Democrats and also Republicans. This increase in spending is expected to include $ 37 billi...