The coronavirus and its widespread pandemic is not the only crisis we are currently facing. The United States plans to invest $ 30 billion to end it semiconductor crisis, which already has a significant impact on industry.
Investment to end the semiconductor crisis
To begin with, we will briefly summarize how the semiconductor crisis actually arose. Even with this problem, we need to look back at the US-China trade war. Former US President Donald Trump included in the so-called "Black list" of several large Chinese semiconductor manufacturers.
However, this crisis and the shortage of semiconductor products are serious and are also significantly affecting the technology industry. In Europe, even some carmakers, such as Ford, have been forced to suspend production altogether. However, the crisis also has an impact on production in other segments, such as graphics cards, laptops and even smartphones.
However, the new US leadership, which plans to invest up to $ 30 billion, is trying to save the situation. This should help mitigate the consequences and end the current "semiconductor" crisis as soon as possible.
Semiconductor crisis: Problems also in the field of technology
However, the trade war between the USA and China has been going on for more than a year, and probably the most burdened company in terms of sanctions is the Chinese giant Huawei. Problems in the production and supply chain are forcing more and more companies to move from China or to divide their production capacities into several regions.
One of the sectors where the US lags significantly behind China is chip production. However, the US government is working on new ways to support the industry and to encourage the production of local companies.
Accordingly, the US Senate is considering adopting a new bill to increase competitiveness vis-à-vis China. The funding package of up to $ 30 billion would include elements to support the US technology sector, and the bill is expected to be voted on next month. However, the legislation has not been finalized and we do not know more details.
The source of this information remains unknown, but says the package is likely to include measures to restrict China's access to US capital markets. Last year, funding of up to $ 100 billion was also proposed to support research in key technology areas, from artificial intelligence to quantum computing and semiconductors.
The semiconductor industry is also pushing for a new contribution to acquire tools for semiconductor manufacturers, which can cost new factories billions of dollars.
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