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- August 9, 2022The CHIPS Act is a U.S. federal statute that was enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 20221. The Act was passed in the House of Representatives on July 27, 2022, following a passing Senate vote before that2. President Biden signed it into law on August 9, 202231.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.en.wikipedia.org/wiki/CHIPS_and_Science_ActThe 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.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.insight.ieeeusa.org/articles/chips-act-passes-now-…
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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 … See more
Science impact
In August 2023, around the one-year anniversary of the act becoming law, the NSF released a … See moreUnderfunding of research agencies
In June 2023, after the passage of the debt-ceiling deal, Federation of American Scientists analysts Matt Hourihan and Melissa Roberts Chapman and Brookings Institute analyst Mark Muro noted that the Consolidated … See moreThe 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 technology … See more
Support
Many legislators and elected officials from across both the federal government and various state governments endorsed the passage. A large … See more• America COMPETES Act of 2022 – original House version
• European Chips Act
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