A new $30 billion fund is being considered by the U.S. Senate to spur American chipset manufacturing in a new effort to reduce reliance on China.U.S. Senate considering a $30 billion fund to boost chipmakingAmerican companies have long-relied upon Chinese manufacturers to supply chipsets for everything from smartphones to automobiles. With the current global shortage of semiconductor chips, the U.S. Senate seeks to spur American chipset manufacturing.Read more
