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Published 2 years ago

President Biden signs CHIPS and Science Act into law

Summary by Ground News
The bipartisan legislation calls for $52.7 billion to advance American semiconductor research, development, manufacturing, and workforce development. In July, the bill passed the US Senate in a 64-33 vote and was approved 243-187 in the US House of Representatives. The signing of the law elicited praise from technology trade groups.

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CBS NewsCBS News

Gov. Pritzker in D.C. as President Biden signs Chips and Science Act into law, investing $200 billion in manufacturing

It's meant to lower costs and make the U.S. less reliant on foreign manufacturing and lead to fewer supply chain disruptions.

2 years ago
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Gold Coast BulletinGold Coast Bulletin

President Biden Signs CHIPS and Science Act to Boost Domestic High-Tech Manufacturing

President Joe Biden signed into law the CHIPS and Science Act on Tuesday, August 9. The act will allocate billions in funding to US semiconductor research and manufacturing, according to the White House. “The future of the microchip industry is going to be made in America,” Biden said at the White House press conference. The CHIPS (Creating Helpful Incentives to Produce Semiconductors) and Science Act passed both houses of Congress last month wi…

2 years ago·Southport, Australia
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The MercuryThe Mercury

President Biden Signs CHIPS and Science Act to Boost Domestic High-Tech Manufacturing

President Joe Biden signed into law the CHIPS and Science Act on Tuesday, August 9. The act will allocate billions in funding to US semiconductor research and manufacturing, according to the White House. “The future of the microchip industry is going to be made in America,” Biden said at the White House press conference. The CHIPS (Creating Helpful Incentives to Produce Semiconductors) and Science Act passed both houses of Congress last month wi…

2 years ago·Hobart, Australia
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GamespotGamespot

President Biden Signs CHIPS And Science Act In Effort To End Semiconductor Shortage

This may increase the availability of new consoles.

2 years ago·United States
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SözcüSözcü

US President Biden signs 'Chip and Science Act'

US President Biden signs 'Chip and Science Act' — US President Joe Biden signed the $280 billion Chip and Science Act, previously approved by the US Congress for chip production.

2 years ago·Türkiye
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TechmemeTechmeme

President Biden signs the CHIPS and Science Act into law, including $52B+ for US companies producing semiconductors, as well as billions more in tax credits

By Kevin Breuninger / CNBC. View the full context on Techmeme.

2 years ago
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