Wednesday, July 27, 2022

https://ift.tt/gpE2ujl passes bill to reduce reliance on China for semiconductors

President Biden led a virtual meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act on Monday, ahead of the Senate vote.

The bill would support domestic manufacturing of semiconductor chips that power the nation's smartphones, cars, computers and medical equipment. The bill cleared a procedural Senate vote Tuesday.

(Image credit: Anna Moneymaker/Getty Images)

Senate passes bill to reduce reliance on China for semiconductors President Biden led a virtual meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act on Monday, ahead of the Senate vote.

The bill would support domestic manufacturing of semiconductor chips that power the nation's smartphones, cars, computers and medical equipment. The bill cleared a procedural Senate vote Tuesday.

(Image credit: Anna Moneymaker/Getty Images)



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