On Tuesday, the US Senate approved a $250 billion government investment for technological research and development.
68 members of the Senate approved the proposal, while 32 voted against. The plans still have to be approved by the House of Representatives.
Public investment in scientific research has been declining for years, as has the position of the US semiconductor industry.
Of this amount, about US $ 52 billion is earmarked for investment in semiconductor production in the US.
Peretz M. is an accomplished economist and financial journalist with a deep understanding of the global economy and financial markets. He is a regular contributor to EconomicInform, where he provides expert analysis and commentary on current economic trends and events. With a strong educational background in economics, Peretz has a talent for breaking down complex economic concepts for a general audience and is able to provide insightful perspectives on a wide range of economic issues.