$50 Bln New Investment In US Semiconductor Manufacturing As Biden Signs CHIPS And Science Act

President Joe Biden has signed the CHIPS and Science Act of 2022 into law. This will enable investment of $280 billion in domestic semiconductor manufacturing sector and science and technology innovation. Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, which will further boost U.S. manufacturing sector and global competitiveness, was approved by the Congress with b