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  2. The, which U.S. Rep. Tim Ryan, D-Ohio, introduced in 2021, passed as a rare example of bipartisanship, with 17 Republicans voting for it in the Senate and 24 in the House. Biden signed it into law in August 2022.
    www.politifact.com/factchecks/2024/feb/29/joe-bide…
    One year ago, President Biden signed into law the CHIPS and Science Act (CHIPS), which makes a nearly $53 billion investment in U.S. semiconductor manufacturing, research and development, and workforce.
    www.whitehouse.gov/briefing-room/statements-rele…
    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.
    en.wikipedia.org/wiki/CHIPS_and_Science_Act
    In July 2022, Congress enacted the CHIPS and Science Act (P.L. 117-167), which President Joe Biden signed into law in August 2022.
    crsreports.congress.gov/product/pdf/R/R47558
     
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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, designed to bring semiconductor … 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 … 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 … 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 more

    Overview image
    Passage image

    The law constitutes an industrial policy initiative which takes place against the background of a perceived AI Cold War between the US and China, as artificial intelligence See more

    Support
    Many legislators and elected officials from across both the federal government and various state … See more

    Underfunding of research agencies
    In June 2023, after the passage of the debt-ceiling deal, Federation of American Scientists analysts … See more

     
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  5. Fact-checking Joe Biden’s statement on the CHIPS Act

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