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- The CHIPS and Science Act is a U.S. federal statute enacted in 2022. It authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States, with $52.7 billion specifically allocated for this purpose1. The act establishes the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund to encourage semiconductor production within the country2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States, for which it appropriates $52.7 billion.en.wikipedia.org/wiki/CHIPS_and_Science_ActCHIPS Act of 2022 (Sec. 102) The act establishes and provides funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund to carry out activities relating to the creation of incentives to produce semiconductors in the United States.www.congress.gov/bill/117th-congress/house-bill/4…
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H.R.4346 - 117th Congress (2021-2022): Chips and Science Act
H.R.4346 - Chips and Science Act 117th Congress (2021-2022)
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H.R.4346 - Chips and Science Act 117th Congress (2021-2022)