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- July 27, 2022The CHIPS Act of 2022 is a legislation that includes semiconductor manufacturing grants, research investments, and an investment tax credit for chip manufacturing1. It also includes spending on science and technology research2. It was passed by the House of Representatives on July 27, 2022, following a passing Senate vote before that3. President Biden signed it into law on August 9, 20224. It is different from the CHIPS for America Act, which was passed by Congress in January of 2021, but did not allocate funding for any of its programs5.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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. The share of modern semiconductor manufacturing capacity located in the U.S. has eroded from 37% in 1990 to 12% ...www.semiconductors.org/chips/The CHIPS and Science Act of 2022, referred to as the CHIPS Act, is a $280 billion dollar spending package passed by Congress in July. About $50 billion in spending is directly focused on increasing semiconductor production domestically. The rest of the spending package mostly focuses on science and technology research ...usafacts.org/articles/whats-in-the-recently-passed-…The CHIPS and Science Act of 2022 (also shortened to simply the CHIPS Act of 2022) was officially passed in the House of Representatives on July 27, 2022, following a passing Senate vote before that. The bill was passed in a vote of 243-187 with no Democrats voting against it. There was a strong push by Republican ...www.shacknews.com/article/131638/chips-act-of-2…The CHIPS Act passed the House of Representatives on 28 July, one day after passing the Senate, and President Biden signed it into law on 9 August. Formally the CHIPS and Science Act, the legislation represents the most significant research bill passed by Congress in many years. At its heart is the CHIPS Act itself — a $56 ...insight.ieeeusa.org/articles/chips-act-passes-now-…In January of 2021, Congress passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act. This legislation, enacted as part of the National Defense Authorization Act (NDAA) for Fiscal Year 2021, authorized a series of programs to promote the research, development, and fabrication of ...www.csis.org/blogs/perspectives-innovation/chips-…
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What’s in the recently passed CHIPS Act? - USAFacts
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