June 10, 2021—The U.S. Senate passed legislation on Tuesday that includes a $50 billion investment into the making of semiconductors domestically, the Detroit Free Press reported.
The bill passed by with a 68-32 vote. The legislation also includes $2 billion in specific investments in older generation semiconductors used in automaking.
Passage of the legislation had been expected after Democrats and Republicans largely came together two weeks ago to cut off debate and move it to the U.S. House, where final passage is all but assured.
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The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.