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The CHIPS for America Act is a piece of legislation passed by Congress in July 2022. It aims to strengthen domestic semiconductor manufacturing, design, and research, enhance the economy and national security, and reinforce America’s chip supply chains12. The Act provides $52 billion to catalyze private-sector investments and maintain American technological leadership3.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.CHIPS for America Act & FABS Act Congress Passes Investments in Domestic Semiconductor Manufacturing, Research & Design In July 2022, Congress passed the CHIPS Act of 2022 to strengthen domestic semiconductor manufacturing, design and research, fortify the economy and national security, and reinforce America’s chip supply chains.www.semiconductors.org/chips/Creating Helpful Incentives to Produce Semiconductors for America Act or the CHIPS for America Act This bill establishes investments and incentives to support U.S. semiconductor manufacturing, research and development, and supply chain security.www.congress.gov/bill/116th-congress/house-bill/7…The Senate passed the U.S. Innovation and Competition Act (USICA) in June and the Administration is working with the House and Senate to finalize this legislation. It includes full funding for the CHIPS for America Act, which will provide $52 billion to catalyze more private-sector investments and continued American technological leadership.www.whitehouse.gov/briefing-room/statements-rele…- People also ask
The CHIPS for America Act: Why It is Necessary and …
WEBPublished January 31, 2022. By: Gregory Arcuri. In January of 2021, Congress passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act. This legislation, enacted as …
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