Chipmaker subsidies break through congressional logjam but hurdles remain

2021 Oregon Leadership Summit

U.S. Sen. Ron Wyden with Intel CEO Pat Gelsinger in Portland last year. Intel is counting on federal assistance to help finance the company's $80 billion turnaround plan. The Oregonian


A year of congressional gridlock appeared to give way Tuesday, with the U.S. Senate voting overwhelmingly in favor of a $52 billion package of incentives for domestic semiconductor manufacturing and research.

“We’re hoping to finish this week. I think we’ve made the case that this is priority national security and economic security business,” Sen. Ron Wyden, D-Oregon, said in an interview Wednesday. Wyden has sponsored prior iterations of the bill and chairs the powerful Senate Finance Committee.