daggerw
2021-05-16
So semiconductor next?
Semiconductor makers and users form a group to push for chip funding.
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Its members include chip makers like Intel, Nvidia and Qualcomm and companies that rely on semiconductors, like Amazon Web Services, Apple, AT&T, Google, Microsoft and Verizon.</p>\n<p>The coalition is calling on Congress to provide $50 billion for semiconductor research and manufacturing, which President Biden has proposed as part of his $2.3 trillion infrastructure package.</p>\n<p>“Leaders from a broad range of critical sectors of the U.S. economy, as well as a large and bipartisan group of policymakers in Washington, recognize the essential role of semiconductors in America’s current and future strength,” said John Neuffer, the president and chief executive of the Semiconductor Industry Association, a trade group.</p>\n<p>In a letter to congressional leaders, the new coalition noted the shortage of semiconductors and said that in the long term, federal funding “would help America build the additional capacity necessary to have more resilient supply chains to ensure critical technologies will be there when we need them.”</p>\n<p>The shortage has been acutely feltin the auto industry, forcing carmakers to idle plants.Ford Motorsaid last month that it expected the shortage to cut vehicle production by about 50 percent in the second quarter and lower the company’s profit by about $2.5 billion this year.</p>\n<p>The new coalition does not include any automakers, which have their own ideas for how the government should encourage domestic semiconductor manufacturing. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor makers and users form a group to push for chip funding.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 21:42 GMT+8 <a href=https://www.nytimes.com/2021/05/11/business/semiconductor-shortage.html><strong>NewYork Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Semiconductor companies and big businesses that use chips have formed a coalition to push for tens of billions of dollars in federal funding for semiconductor research and manufacturing in the United ...</p>\n\n<a href=\"https://www.nytimes.com/2021/05/11/business/semiconductor-shortage.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nytimes.com/2021/05/11/business/semiconductor-shortage.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146669720","content_text":"Semiconductor companies and big businesses that use chips have formed a coalition to push for tens of billions of dollars in federal funding for semiconductor research and manufacturing in the United States.\nThe new group, theSemiconductors in America Coalition, announced its formation on Tuesday amida global semiconductor shortagethat has caused disruptions throughout the economy. Its members include chip makers like Intel, Nvidia and Qualcomm and companies that rely on semiconductors, like Amazon Web Services, Apple, AT&T, Google, Microsoft and Verizon.\nThe coalition is calling on Congress to provide $50 billion for semiconductor research and manufacturing, which President Biden has proposed as part of his $2.3 trillion infrastructure package.\n“Leaders from a broad range of critical sectors of the U.S. economy, as well as a large and bipartisan group of policymakers in Washington, recognize the essential role of semiconductors in America’s current and future strength,” said John Neuffer, the president and chief executive of the Semiconductor Industry Association, a trade group.\nIn a letter to congressional leaders, the new coalition noted the shortage of semiconductors and said that in the long term, federal funding “would help America build the additional capacity necessary to have more resilient supply chains to ensure critical technologies will be there when we need them.”\nThe shortage has been acutely feltin the auto industry, forcing carmakers to idle plants.Ford Motorsaid last month that it expected the shortage to cut vehicle production by about 50 percent in the second quarter and lower the company’s profit by about $2.5 billion this year.\nThe new coalition does not include any automakers, which have their own ideas for how the government should encourage domestic semiconductor manufacturing. 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