Article 5JTX9 US Senate approves $250bn boost for computer chip and AI technology to counter China

US Senate approves $250bn boost for computer chip and AI technology to counter China

by
Vincent Ni, China correspondent
from on (#5JTX9)

Legislation shows deeply divided parties are united on confronting China in the race for technologies of the future'

The US Senate has overwhelmingly approved a bill to boost American semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China.

The 68-32 vote for the bill on Tuesday demonstrates how confronting China economically is an issue that unites both parties in Congress. It is a rare unifying issue in an era of division as pressure grows on Democrats to change Senate rules to push past Republican opposition and gridlock.

Related: Chips with everything: how one Taiwanese company drives the world economy

Related: China to overtake US as world's biggest economy by 2028, report predicts

The Associated Press, Reuters and Agence France-Presse contributed to this report

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