US Senate Majority Leader, Chuck Schumer, has invited key Japanese semiconductor supply chain companies to consider expanding their operations in upstate New York. Schumer believes that the expansion could help solve the global semiconductor shortage and strengthen the US supply chain. The senator is working to include his bipartisan U.S. Innovation and Competition Act in the upcoming Build Back Better reconciliation bill. This legislation includes a $52 billion investment to incentivize semiconductor manufacturing in the US.
Take a moment to delve deeper into Senator Schumer’s initiative to bolster the US semiconductor supply chain and his legislative efforts to incentivize semiconductor manufacturing. Click the link below to read more about his strategic meeting with influential Japanese semiconductor companies and the potential impact on upstate New York.
