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House passes bill that would put billions toward US chip production House passes bill that would put billions toward US chip production
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House passes bill that would put billions toward US chip production
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Old 7th February 2022, 08:43   #1
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Default House passes bill that would put billions toward US chip production

On Friday, the US House of Representatives passed the America COMPETES Act of 2022 almost entirely along party lines. Among other measures, the sprawling 2,900-page bill allocates $52 billion in grants to subsidize semiconductor manufacturing. It also authorizes nearly $300 billion for research and development.

https://www.engadget.com/house-passe...5.html?src=rss
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