Governor Proposes to Put $25 Million Into Efforts to Address Global Chip Shortage

(MISSOURINET) –  Missouri could invest 25-million-dollars to help address a global semiconductor microchip shortage. The supply chain chip shortage has affected many industries, including electronics and automotive. Governor Mike Parson has proposed the funding in his 50.5-billion-dollar budget proposal for the next state budget year.

The governor says the funding would be dedicated to research, program development and training to increase Missouri’s competitiveness for semiconductor manufacturing.

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