Senate passes bipartisan invoice investing $52 billion in US semiconductor manufacturing

CNN, CNNBUSINESS

By Clare Foran and Ted Barrett, CNN

The Senate voted Wednesday to move a long-awaited invoice aimed toward boosting US semiconductor manufacturing in a bid to extend American competitiveness.

It handed with broad bipartisan help, 64 to 33.

The measure now goes to the Home for approval earlier than it may be despatched to President Joe Biden for his anticipated signature.

The laws is aimed toward addressing a semiconductor chip scarcity and making the US much less reliant on different nations equivalent to China for manufacturing. Supporters say the measure is vital not just for US technological innovation,

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13 High VCs to Know Who Concentrate on Edtech Investing

  • Enterprise-capital funding for edtech startups tripled from 2019 to succeed in $16.8 billion in 2021.
  • Funding elevated through the pandemic as establishments transitioned to distant studying. 
  • Insider compiled a listing of VCs which have carried out offers with the most well liked edtech startups.

Funding for education-tech startups boomed through the pandemic as colleges and universities raced to undertake distant studying and instruments to assist them regulate to the brand new regular. 

Enterprise-capital funding to edtech startups has greater than tripled since 2019 and noticed a marked bounce through the pandemic. In 2019, whole funding within the house was $5.4

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