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- Congresswoman Matsui and Congressman McCaulThe CHIPS and Science Act was introduced by Congresswoman Matsui and Congressman McCaul in June 20201. It is a U.S. federal statute that makes a nearly $53 billion investment in U.S. semiconductor manufacturing, research and development, and workforce23. President Joe Biden signed it into law in August 20224.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Congresswoman Matsui and Congressman McCaul introduced the original CHIPS Act in June 2020 alongside Senators John Cornyn (R-TX) and Mark Warner (D-VA).matsui.house.gov/media/press-releases/matsui-mc…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_ActThe, 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…
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