PRESIDENT BIDEN’S $2 TN INFRASTRUCTURE PROPOSAL INCLUDES $50 BN FOR US CHIP INDUSTRY

Highlights

• The President of the United States, Joe Biden has proposed a plan to develop country’s infrastructure, which is worth $2 trillion

• The sum of $50 billion will go toward production incentives and research and design, which also includes the creation of a National Semiconductor Technology Center

• The officials also said that this is a once-in-a-century and it will also position th....