Published 2 years ago

U.S. commerce secretary presses lawmakers to greenlight $52 bln for chipmaking

Summary by Ground News

U.S. Commerce Department Secretary Gina Raimondo stepped up pressure on Congress to approve $52 billion in funding for chipmakers. She warned that firms would abandon American expansion plans without the legislation. Taiwan's GlobalWafers announced plans earlier on Monday to build a $5 billion plant in Sherman, Texas.

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The Hindu

U.S. commerce secretary presses lawmakers to greenlight $52 billion for chipmaking

Lawmakers have so far failed to reach consensus on a final version of the sprawling package

2 years ago·India

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Reuters

U.S. commerce secretary presses lawmakers to greenlight $52 bln for chipmaking

U.S. Commerce Department Secretary Gina Raimondo on Monday stepped up pressure on Congress to approve $52 billion in funding for chipmakers to expand operations, warning that firms would abandon American expansion plans without the legislation.

2 years ago·United Kingdom

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South China Morning Post

US commerce secretary urges lawmakers to pass US$52 billion chip bill

US Commerce Secretary Gina Raimondo said companies will look to other countries if funding bill for the semiconductor industry is not passed by September.

2 years ago·Hong Kong

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Moneycontrol

US commerce secretary presses lawmakers to greenlight $52 billion for chipmaking

"Mark my words ... if Labor Day comes and goes and this Chips Act isn't passed by Congress, these companies will not wait and they will expand in other countries," she warned in an interview on CNBC.

2 years ago·India

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CarandBike

U.S. Commerce Secretary Presses Lawmakers To Greenlight $52 Billion For Chipmaking

Both houses of Congress have passed legislations to make the US more competitive with China that includes the chip funding though lawmakers have so far failed to reach consensus on a final version of the package.

2 years ago·India

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U.S. commerce secretary presses lawmakers to greenlight $52 bln for chipmaking

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U.S. commerce secretary presses lawmakers to greenlight $52 billion for chipmaking

U.S. commerce secretary presses lawmakers to greenlight $52 billion for chipmaking

U.S. commerce secretary presses lawmakers to greenlight $52 bln for chipmaking

U.S. commerce secretary presses lawmakers to greenlight $52 bln for chipmaking

US commerce secretary urges lawmakers to pass US$52 billion chip bill

US commerce secretary urges lawmakers to pass US$52 billion chip bill

US commerce secretary presses lawmakers to greenlight $52 billion for chipmaking

US commerce secretary presses lawmakers to greenlight $52 billion for chipmaking

U.S. Commerce Secretary Presses Lawmakers To Greenlight $52 Billion For Chipmaking

U.S. Commerce Secretary Presses Lawmakers To Greenlight $52 Billion For Chipmaking

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