After much deliberation and many modifications, the U.S. Innovation and Competition Act has finally had enough votes to pass the Senate. This is great news for PC builders like us, because it means that massive investment should be made in the U.S. semiconductor industry.
The bill, originally the Endless Fontier Act, includes a large amount of significant investment for U.S.-based technology companies. With $ 52 billion earmarked for the semiconductor industry alone, this could mean immense relief around the current shortage of global chips, which has led to the tragic state of PC construction we are in today.
It means that we may begin to see our beloved PC components finally become less and less scarce, with more casting capacity on the U.S. turf. It will be a slow process as setting up new factories and upgrading old ones will take time, but it will ultimately help alleviate global dependence on manufacturing in Taipei, South Korea and China.
Chairman and CEO of Semiconductor Industry Association, John Neuffer, praised those who voted in favor of passing the bill, and described the move as a "fundamental step toward strengthening semiconductor production in the United States."
He went on to call for legislation to be quickly sent to the president's office, hoping that "the enactment of these investments would help strengthen the US economy, national security, technological leadership and competitiveness." world for the coming years ".
While I won’t get into politics here, maybe good competition will be good for the tech industry, just think about the space race. This measure is likely to lead to the success of the rusty technology machine and create opportunities for the industry to overcome its current manufacturing routine.