Senate passes bill to boost US tech industry, counter rivals
June 9, 2021
WASHINGTON (AP) — The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China.
The 68-32 vote for the bill demonstrates how confronting China economically is an issue that unites both parties in Congress. That's a rarity in an era of division as pressure grows on Democrats to change Senate rules to push past Republican opposition and gridlock.
The centerpiece of the bill is a $50 billion emergency allotment to...