The semiconductor market enjoyed a massive run-up in orders during the pandemic, but chipmakers are now facing a familiar problem: growing inventory and shrinking demand. 

Lawmakers advanced a bill aimed at reviving Oregon’s semiconductor industry Wednesday, but conservationists, industry supporters and ambivalent lawmakers all object to key elements of legislation.

So while the bipartisan legislation is moving quickly, it’s unclear whether it has the tools to meet one of the Legislature’s top priorities this year — attracting a share of $52 billion in newly approved federal dollars for chipmakers. And it’s unclear when the legislation will reach the full House and Senate, or what kind of reception it will get when it does.

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