US INNOVATION AND COMPETITION ACT: $190 billion to be spent on strengthening technology and research

US INNOVATION AND COMPETITION ACT: $190 billion to be spent on strengthening technology and research

US Senators have passed a bill investing billions in American technology and innovation aimed at countering China. $2 billion dedicated to chips used by carmakers who have seen massive shortages. $54 billion allocated to production and research into semiconductors and telecommunications equipment. #US #Technology #Innovation

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US INNOVATION AND COMPETITION ACT: $190 billion to be spent on strengthening technology and research
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