Biden Signs Executive Order For Speedy Implementation Of CHIPS And Science Act

Biden Signs Executive Order For Speedy Implementation Of CHIPS And Science Act

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President Joe Biden has signed an Executive Order for speedy implementation of the bipartisan CHIPS and Science Act of 2022 that aims to boost US domestic chip-manufacturing and scientific research. The sweeping $280 billion law that Biden signed on August 9 is aimed at resolving the acute semiconductor shortage in the United States manufacturing sector and building more resilient semiconductor

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