Electronics

Recently, the U.S. House of Representatives passed a chip bill that aims to promote large-scale investment in U.S. semiconductor manufacturing, including about $52 billion in grants and subsidies to help the semiconductor industry, as well as strengthening the supply chain of high-tech products. $45 billion in grants and subsidies.

In fact, the release process of this bill can be described as twists and turns. As early as January 25, the U.S. House of Representatives announced the "American Competition Act of 2022", which includes $52 billion in chip investment. The model of the bill is actually the "American Innovation and Competition Act" passed by the US Senate in June last year. At that time, the Senate passed the more than 1,400-page "2021 American Innovation and Competition Act" with 68 votes in favor and 32 votes against, including a $52 billion investment plan involving the chip field. However, after the bill was proposed and approved, it stalled for various reasons.

It can be seen that the finalization of this huge investment is not easy to come by. It is not difficult to see that the focus of this chip bill is to strengthen the semiconductor supply chain in the United States and revive the American manufacturing industry. The U.S. share of global semiconductor manufacturing has fallen from 37 percent in 1990 to around 12 percent today. In addition, the once-in-a-century disasters such as the new crown epidemic and the large-scale shortage of cores have also sounded the alarm for the security of the US semiconductor supply chain. Industry experts said that the US$52 billion chip bill promulgated by the United States this time is mainly aimed at the return of advanced manufacturing in the United States and ensuring the security of the domestic supply chain in the United States.