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  1. The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022.

  2. Aug 9, 2023 · The CHIPS and Science Act aims to change this by driving American competitiveness, making American supply chains more resilient, and supporting our national security and access to key...

  3. Aug 9, 2022 · The CHIPS and Science Act will boost American semiconductor research, development, and production, ensuring U.S. leadership in the technology that forms the foundation of everything from...

  4. CHIPS Act of 2022. (Sec. 102) The act establishes and provides funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund to carry out activities relating to the creation of incentives to produce semiconductors in the United States.

  5. Jun 7, 2024 · The CHIPS Act is intended to restart the US semiconductor industry and start competing against Chinese dominance in the chip manufacturing space.

  6. 1 day ago · The CHIPS and Science Act is a win across the board.” In the two years since President Joe Biden signed the measure into law, the Commerce Department indicated it has announced more than $30 ...

  7. Feb 29, 2024 · Lawmakers wanted to pass the bill amid a global semiconductor shortage and to help the U.S. compete with China. Analysts at the consulting company said the CHIPS Act is a $280 billion spending...

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