Here’s what the $52 billion CHIPS Act means for regular people
Sep 07, 2022
3 minutes
BY ALAINA YEE
On Monday, President Biden signed into law the CHIPS and Science Act of 2022, a $280 billion bill that paves the way for new chip foundries to be built on US soil. It’s a significant investment in the domestic semiconductor industry, with $52 billion specifically marked for manufacturing and research.
For those of us who don’t spend our time analyzing the geopolitical chess moves made by countries, this news may sound irrelevant
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