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Senate passes $280B semiconductor and science bill aimed at China

By Christopher Hutton
Published July 27, 2022 5:48pm ET
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Senate passes $280B semiconductor and science bill aimed at China
The Senate passed legislation to spend $280 billion in subsidies for semiconductor manufacturing and scientific research to help the United States compete technologically with China. The CHIPS Act passed in a 64-33 vote and will now head to the House, where lawmakers will consider the legislation with the goal of sending it to President Joe […]

The Senate passed legislation to spend $280 billion in subsidies for semiconductor manufacturing and scientific research to help the United States compete technologically with China.

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Manufacturing Semiconductors