Chamber Supports Smaller China Initiative to Help Semiconductor Companies
The U.S. Chamber of Commerce said July 18 that it hopes that members of Congress will pass funding for semiconductor chip manufacturing this week. Chief Policy Officer Neil Bradley said: “Passing this legislation to incentivize semiconductor research, design, and manufacturing in the United States will strengthen our economy and our national security. Recently, more than 240 state and local chambers of commerce and other business associations wrote to Congress urging swift action on these measures.
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“With major investment decisions hanging in the balance, quick action is needed. The Chamber supported the Senate-approved USICA legislation, and we hope some elements of this bill can be revisited."