Daines: Investing in American Semiconductor Production, Innovation, R&D Needed to Win Race Against China
U.S. SENATE – U.S. Senator Steve Daines today issued the following statement after the “Chips and Science Act,” a legislative package formerly known as the “U.S. Innovation and Competition Act” and the “Endless Frontier Act,” passed the U.S. Senate. The legislation, which includes three Daines bills, will help boost America’s national security by investing in innovation and semiconductor manufacturing. “Investing in American semiconductor production, innovation, STEM education and R&D is essential to strengthening our national security, reinforcing the United States’ position as a global leader and winning the race against China,” Daines said. In 1990, the U.S. accounted for 37% of global semiconductor