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Schumer crows about semiconductor bill

Aug 01, 2022 1:23 pm

WNYT quotes New York Senator Chuck Schumer, in Albany Aug. 1, crowing about the passage of his federal semiconductor incentive, scientific research, and technological competitiveness bill last week. Click here to play excerpt of Schumer speech. Currently, only 12 percent of semiconductor chips are manufactured in the U.S, compared to 37 percent in the 1990s, and the bill is aimed to reverse that trend with over $75 billion in federal spending. Read the full story at the WNYT website.