Some projections indicate the industry will double in size over the next decade, meaning efforts to mitigate its climate footprint need to accelerate. Absent pressure from governments, it will largely depend on the chipmakers themselves.
The bill is expected to pass the House later this week and then move to Biden’s desk for his signature. In addition to the semiconductor funding, the legislation includes money for research and workforce training and 5G wireless technology.
Washington and Beijing are locked in a race to develop the underpinnings of future technologies like quantum computers, which promise to exponentially multiply the power and speed of today’s processors.