US President Joe Biden said he would seek $37 billion (roughly Rs. 2,67,750 crore) in funding for legislation to supercharge chip manufacturing in the United States as a shortfall of semiconductors has forced US automakers and other manufacturers to cut production.
source https://gadgets.ndtv.com/laptops/news/joe-biden-chip-manufacturing-usd-37-billion-boost-shortfall-supply-us-2378192#rss-gadgets-all
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