Semiconductor Funding Takes Another Step Towards Passage

On March 28, the U.S. Senate approved a bill that includes $52 billion to spur domestic semiconductor projects, such as Intel’s forthcoming plant in central Ohio. Negotiations to marry the House and Senate versions of the bill will begin soon; a final vote could be held by late spring.

Meanwhile, U.S. Rep. Bob Latta (R, OH-5) is warning that the U.S. could lose the competition to develop electric and autonomous vehicles without adequate federal spending on emerging technologies. 3/30/2022