The US Senate has voted to move ahead with proposed legislation that will see billions of dollars in subsidies and tax credits chucked at the chip industry.
The Senate has begun debating on the bill which will attempt to ease the supply chain problems which started with the arrival of the COVID-19 pandemic.
The big idea is to decrease the reliance on Asia for semiconductor supply, with chip shortages hurting the world’s biggest vendors and their resellers over the past couple of years.
