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Technology giants are demanding that the US pay for domestic services

American manufacturing companies (not to mention car manufacturers) ali feeling nauseous about the lack of chip, and the interconnected I hope to bring more production to the US. A string of modern giants has it made of Semiconductors in the American Coalition to raise funds to support the newly established CHIP for America Act, which promotes the development of equipment and research but did not provide the necessary funding.

The alliance includes a consortium of companies, including well-known technologies such as Amazon, Apple, Google and Microsoft as well as carriers such as AT&T and Verizon (parent company Engadget in the meantime). Companies that were formerly part of the Semiconductor Industry Association, such as AMD, Intel, Qualcomm and Samsung, are also in the partnership.

The goal is simple: companies want to create enough in the US to create “highly competitive networks” and ensure that technology is in place when needed. SIAC opposes the intervening intervention because it believes it can address instability in the same will-and-want.

This agreement is already in place sent a letter To the House and Senate leaders advocating for “solid” funding for the CHIPO Act.

There is no guarantee that SIAC will succeed in securing the funding it needs. President Biden has asked for $ 50 billion to fund the CHIPS Act, however, funding does not always lead to more war than other issues. Suffice it to say that the right amount of money could be flexible – the US now represents only 12% of global arms production capacity, and the proliferation of new or expanded crops could increase that amount and reduce the country’s dependence on imported goods.

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