Biden signs multibillion CHIPS Act to compete with China

clock • 3 min read
The Bill took two years to reach this point but eventually passed with bipartisan support
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The Bill took two years to reach this point but eventually passed with bipartisan support

The Bill could give the USA a leg up on global chip manufacturing

President Biden has signed a new Act into law that includes nearly $53 billion in subsidies to support domestic semiconductor and other high-tech industries, which US policymakers worry risk being ...

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