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Senate passes bill to boost US chip manufacturing Senate passes bill to boost US chip manufacturing
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Senate passes bill to boost US chip manufacturing
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Old 28th July 2022, 08:18   #1
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Default Senate passes bill to boost US chip manufacturing

The US government just crossed a key milestone in its bid to improve domestic chip production and compete with rivals like China. CNBCreports the Senate has passed the CHIPS and Science Act, a bill to fund and incentivize American semiconductor manufacturing, in a 64-to-33 vote. The measure includes over $52 billion for US firms making chips, additional funding for further technology development and tax credits to spur manufacturing investments.

https://www.engadget.com/senate-pass...8.html?src=rss
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