President Joe Biden gestures as he solutions a query throughout his first formal information convention as president within the East Room of the White House in Washington, March 25, 2021.
Leah Millis | Reuters
The anticipated multi-trillion infrastructure plan from President Joe Biden could present one other tailwind to semiconductor shares, Bank of America mentioned in a notice to purchasers.
Biden is predicted to unveil the first of a two-part spending proposal Wednesday, targeted on infrastructure upgrades. That subject has been a serious theme of Biden’s marketing campaign and early presidency and the “Build Back Better” strategy/