House sends Biden bill to spend $52 billion on computer chip production, compete with China ...Middle East

Washington Times - News
House sends Biden bill to spend $52 billion on computer chip production, compete with China
The U.S. is poised to pour more than $50 billion into domestic semiconductor production to increase its competitive edge with China with the House giving final approval to the long-stalled CHIPS and Science Act of 2022. President Biden is expected to sign it.

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