Senate Approves $280 Billion Bill to Boost U.S. Science, Chip Production
110 Articles
110 Articles
Senate passes bill to boost computer chip production in U.S.
A bill designed to encourage more semiconductor companies to build chip plantsin the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration.The $280 billion measure, which awaits a House vote, includes federal grants and tax breaks for companies that construct their chip facilities in the U.S. The legislation also directs Congress to significantly increase spending on high-tec…
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