Last week the Senate passed the CHIPS and Science Act, a $280 billion investment plan with a flagship $52 billion package aimed at investing billions into semiconductor manufacturing and research domestically, part of a broader move that aims for the U.S. to pour billions into competitive technology industries like artificial intelligence, computing, and more.
Tag Archives: Semiconductors
Legislation to Boost U.S. Computer Chip Production Heads to Biden’s Desk
Congress has passed a $280 billion proposal designed to lift domestic semiconductor production – after chip shortages caused shutdowns at plants like West Point’s Kia campus – and boost the country’s competitiveness globally.