Tech CEOs Urge Congress to Pass Bipartisan China Package

More than 120 tech and business chief executives urged House and Senate leadership Wednesday to “act urgently” to pass the Bipartisan Innovation Act, which is currently in conference. The bill is “critical” to the U.S. economy and would help strengthen domestic manufacturing and supply chains, said a letter signed by the leaders of major tech firms, electronics manufacturers, semiconductor companies and others. “Our global competitors are investing in their industry, their workers, and their economies, and it is imperative that Congress act to enhance U.S. competitiveness,” they said. “We call on Congress to act promptly to achieve a bipartisan agreement that can be passed and signed into law.” Signatories included the CEOs of Adobe, Alphabet, Analog Devices, GlobalFoundries, IBM, Microsoft, Philips and Taiwan Semiconductor Manufacturing Co.