WASHINGTON -- U.S. lawmakers are mulling subsidies of about $25 billion to encourage companies to relocate chip production facilities back home amid rising competition with China in the high-tech sector.
US-China tensions
US lawmakers weigh $25bn subsidies to boost chipmaking
Washington encourages domestic production as rivalry with China heats up
The Capitol Hill is mulling a $25 billion budget to support the production of semiconductors. (Source photo by Reuters)
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