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US Senate passes CHIPS Act to boost domestic semiconductor manufacturing as relations with China worsen

The Senate yesterday voted 64 - 33 in favor of passing the $280 billion Chips and Science Act, $52 billion of which will go toward subsidies for chip makers. There will also be an investment tax credit for chip plants estimated to be worth $24 billion. The incentives do come...
https://www.techspot.com/news/95450-us-senate-passes-chips-act-boost-us-manufacturing.html?utm_source=dlvr.it&utm_medium=blogger

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