President Joe Biden on Tuesday signed a $280 billion bipartisan bill to boost domestic high-tech manufacturing. The legislation sets aside $52 billion specifically to bolster the U.S. computer chip sector. The bill has been more than a year in the making, but finally cleared both chambers of Congress.
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Times of India
Biden to sign bill to boost U.S. chips, compete with China - ET Telecom
The White House is touting investments that chip companies are making even though it remains unclear when the U.S. Commerce Department will write rule..
US President Biden to Sign Bill to Boost U.S. Chips To Compete with China
President Joe Biden on Tuesday will sign a bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.
Biden to sign $280 billion CHIPS act in bid to boost U.S. over China
The president looks to highlight a new law that will incentivise investments in the American semiconductor industry in an effort to ease U.S. reliance on overseas supply chains
U.S. President Joe Biden signs US$280B CHIPS act in bid to boost U.S. over China
U.S. President Joe Biden on Tuesday signed a US$280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration's push to boost U.S. competitiveness over China.
Biden signs bill to boost U.S. chips, compete with China
President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.