Proponents of her case have been working to make the actual transcript of this statement available online

A group of two lawmakers from the Senate Finance Committee which seeks to encourage equipment manufacturers to make their own silicon in the US. Supported by Oregon and Republican Mike Crapo of Idaho, among others on the committee, the Facililiz American-Built Semiconductors Act provides companies with a 25% tax on the sale of equipment for domestic and local semiconductors.

According to the group, about 70% of the low cost of obtaining foreign arms comes from foreign exchange. The grant includes the $ 52 billion that the Senate set aside last week as part of . Since the epidemic, the shortage of chip has affected a number of companies, including mechanical manufacturers who have to deal with it sometimes.

“The United States will not allow foreign governments to continue attracting overseas manufacturing companies, which adds to the risk to our economy and destroys high-paying American workers,” said Senator Wyden.

According to Reuters, tax credit can benefit Taiwan’s TSMC, which is developing . It can also help US equipment manufacturers like Intel and Micron Technology. The first announced a in April to build two factories in Arizona. The agency has not yet calculated the amount of taxpayers’ expenditure.