Google, Apple, Microsoft, Amazon Go for Chip ProductionBy MBN Staff | Thu, 05/13/2021 - 12:24
Some of the world's largest chip buyers and technology companies, including Apple, Microsoft and Google, are joining major processor makers, such as Intel, to create a new lobby. The US Semiconductor Coalition, which also includes Amazon Web Services, said on Tuesday it called on US lawmakers to provide funding for the CHIPS Act, for which President Joe Biden has asked Congress for US$50 billion, reported Reuters today.
“Robust funding from the CHIPS Act would help the United States develop the additional capacity needed to have more resilient supply chains to ensure that critical technologies are there when we need them,” said the group in a letter to the US Congress. In Mexico, automakers have suffered from the chip shortage, leading some plants to stop operations for a few days. The new coalition includes some of those other chip-consuming industries, with members including AT&T, Cisco Systems, General Electric, Hewlett Packard Enterprise and Verizon Communications. The group also warned against government actions to favor a single industry like automakers.
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