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CHIPS and Science Act - Wikipedia
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 … See more
The CHIPS and Science Act combines two bipartisan bills: the Endless Frontier Act, designed to boost investment in domestic high-tech research, and the CHIPS for America Act, … See more
Every senator in the Senate Democratic Caucus except for Bernie Sanders voted in favor of passing the CHIPS Act, and they were joined by seventeen Republican senators, including … See more
Science impact
In August 2023, around the one-year anniversary of the act becoming law, the NSF released a fact sheet outlining what it had done in the first year. Notably, the Technology, Innovation and Partnerships Directorate had … See more• America COMPETES Act of 2022 – original House version
• European Chips Act
• Infrastructure Investment and Jobs Act and Inflation Reduction Act of 2022 – other major acts in industrial policy signed by Biden See moreThe law constitutes an industrial policy initiative which takes place against the background of a perceived AI Cold War between the US … See more
Support
Many legislators and elected officials from across both the federal government and various state governments endorsed the passage. A large … See moreUnderfunding of research agencies
In June 2023, after the passage of the debt-ceiling deal, Federation of American Scientists analysts … See moreWikipedia text under CC-BY-SA license FACT SHEET: One Year after the CHIPS and Science Act, Biden-
FACT SHEET: CHIPS and Science Act Will Lower Costs, Create …
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