{"id":1564455,"date":"2022-07-21T10:19:16","date_gmt":"2022-07-21T14:19:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1564455"},"modified":"2022-07-21T10:19:20","modified_gmt":"2022-07-21T14:19:20","slug":"senate-to-vote-on-semiconductor-bill-aimed-at-china-competition","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-to-vote-on-semiconductor-bill-aimed-at-china-competition\/","title":{"rendered":"Senate to Vote on Semiconductor Bill Aimed at China Competition"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-to-vote-on-semiconductor-bill-aimed-at-china-competition%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1564455&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><em>News Analysis<\/em><\/p>\n<p>The U.S. <a href=\"https:\/\/www.theepochtimes.com\/t-senate\">Senate<\/a> aims to pass legislation this week to boost the United States\u2019 domestic semiconductor industry and improve competitiveness with China amid a global supply chain crisis.<\/p>\n<p>\u201cWe need to move quickly,\u201d <a href=\"https:\/\/www.reuters.com\/world\/us\/us-senate-start-voting-tuesday-slimmed-down-china-semiconductor-bill-2022-07-18\/\">said<\/a> Senate Majority Leader Chuck Schumer (D-N.Y.) on July 18.<\/p>\n<p>\u201cWithout these incentives from Congress, the capital investment required for expanding production is not economically viable in the United States, given other global alternatives.\u201d<\/p>\n<p>The legislation at hand is a compromise version of two bills that members of Congress have been working on for over a year, the purpose of which is to appropriate funding for the nation\u2019s domestic semiconductor manufacturing ability.<\/p>\n<p> A Matter of National Security <\/p>\n<p>Semiconductors, which are used in the production of everything from personal computers to hypersonic missiles, have become a key point of anxiety in the last two years as a global supply chain crisis has wreaked havoc on the United States\u2019 ability to obtain the chips.<\/p>\n<p>\u201cThe semiconductor industry is not just any industry,\u201d said Bonnie Glick, director of the Krach Institute for Tech Diplomacy at Purdue University. \u201cIt\u2019s one that was developed in the United States and touches many of our other industries, including manufacturing, as well as the systems that are intrinsic to modern life.\u201d<\/p>\n<p>\u201cSemiconductors are at the heart of technology and play a critical role in our national security, as they power defense systems and emerging technologies including artificial intelligence, 5G and next generation broadband, quantum computing, and hypersonic capabilities,\u201d she said.<\/p>\n<p>That reliance on <a href=\"https:\/\/www.theepochtimes.com\/t-semiconductors\">semiconductors<\/a> has become a problem for national security in the aftermath of COVID-19. In 2021, more than 60 percent of such chips were produced in Taiwan. Still, supply chain woes and related global resource shortages resulted in the nation\u2019s inability to obtain enough chips to meet demand.<\/p>\n<p>China has not been<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News Analysis The U.S. Senate aims to pass legislation this week to boost the United States\u2019 domestic semiconductor industry and improve competitiveness with China amid a global supply chain crisis. \u201cWe need to move quickly,\u201d said Senate Majority Leader Chuck Schumer (D-N.Y.) on July 18. \u201cWithout these incentives from Congress, the capital investment required for [\u2026]<\/p>\n","protected":false},"author":228,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1564455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1564455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/228"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1564455"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1564455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1564455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1564455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1564455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}