In addition, it provides support for semiconductor-based research grants to U.S. universities or private companies, either directly or through agencies like the Defense Advanced Research Projects Agency . It also calls for the creation of a National Semiconductor Technology Center, which could serve as a clearinghouse and organizational control point for U.S.-based chip manufacturing, as well as a critical new research and development facility.
According to a recent report from the Semiconductor Industry Association in partnership with the Boston Consulting Group, robust federal incentives valued at $50 billion would create as many as 19 major semiconductor manufacturing facilities and 70,000 high-paying jobs in the U.S. over the next 10 years. Strengthening U.S.
"The U.S. has always had a tremendous lead in thought leadership and intellectual property in the semiconductor industry but now China poses a real threat since they are subsidizing a tremendous amount in R&D," says Bob O'Donnell, president and chief analyst of TECHnalysis Research. Chinese government is currently making aggressive subsidized investments in building over 60 semiconductor manufacturing plants .
Communist Governments collapse. It is control, CONtrol, CONTROL! Then to survive business is raped. For the long term disengagement is a winner. Three Seas and Central Asia escaped and are capitalist. We do not have to learn the hard way. tt:TreasurySpox lizpeek VDHanson
China is the most big problem in the world!!! STOP CHINA POWER STOP COMUNIST
brewing...? NOT this again........who's been short the $SMH's and GETTING CRUSH....mmmmmmmmmmmmmmmmmm someone cnbc I guess! JoeSquawk pleeeeeeeeassseee reiinn in these producers!
It's China time
A China Cold War has been going on for a while, mainstream news should stop sucking the tit of Soros and actually do some journalism... hell, you could just watch some independent YouTube journalists for the information.
China is hoping like hell their bitch Biden is elected.