CHIPS and Science Act allots $50 billion. On Monday, President Biden’s administration unveiled its plan for boosting domestic chip production in the U.S. through the $50 billion in…
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Department of Commerce Launches CHIPS.gov Website
The online resource assists in program implementation. Last week, the Department of Commerce announced the launch of the CHIPS.gov website. Paired with President Biden’s executive order, the website…
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President Establishes CHIPS Act Steering Council
They will coordinate funding, grants, and subsidies. President Biden signed an executive order directing the implementation of the $280 billion CHIPS Act, designed to boost domestic manufacturing and…
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Commerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
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CHIPS Act Passed by House of Representatives
The measure now awaits the president’s signature. On Thursday, the House of Representatives passed legislation to support the production of semiconductors, increase employment in that industry, and technologically…
Read MoreSenate Passes Chip Manufacturing Bill
The objective is stronger competition with China. With a large bipartisan majority, the Senate on Wednesday passed a $280 billion bill to subsidize the domestic microchip manufacturing industry…
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Secretary Yellen Calls for Less Reliance on Chinese Trade
Supports strengthening supply chain with allies. The Department of the Treasury released excerpts from a speech that Treasury Secretary Janet Yellen gave in South Korea on Tuesday. The…
Read MoreGovernors, Mayors Urge Congress to Pass Chip Legislation
Bipartisan state and local politicians are concerned about retaining domestic manufacturing. Semiconductor manufacturing legislation is expected to come before Congress for a vote this week. Several state governors…
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Commerce Department Endorses New Semiconductor Factory
Supports passage of Bipartisan Innovation Act On Monday, the Commerce Department announced the company GlobalWafers’ intent to base their next 300-millimeter silicon wafer factory in Sherman, Texas. The…
Read MoreLegislators Propose Review of Semiconductor Supply Chain
Chips are primarily produced in Taiwan. A bipartisan group of legislators in the House of Representatives led by Representative Mike Gallagher of Wisconsin is proposing a systematic review…
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