US Prez signs major semiconductors investment bill to compete against China

US Prez signs major semiconductors investment bill to compete against China
Featured Times
Spread the love

[ad_1]

Published on Aug 09, 2022 09:05 PM IST

The Chips and Science Act includes around $52 billion to promote production of microchips, the tiny but powerful and relatively hard-to-make components at the heart of almost every modern piece of machinery.

President Joe Biden speaks before signing the "CHIPS and Science Act of 2022" during a ceremony on the South Lawn of the White House.(AP)
President Joe Biden speaks before signing the “CHIPS and Science Act of 2022” during a ceremony on the South Lawn of the White House.(AP)

President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear are being dominated by rival China.

The Chips and Science Act includes around $52 billion to promote production of microchips, the tiny but powerful and relatively hard-to-make components at the heart of almost every modern piece of machinery.

Biden said at the White House it will help “win the economic competition in the 21st century.”


Close Story

[ad_2]

Source link

Journalist Details

Featured Times
Tags:

115 thoughts on “US Prez signs major semiconductors investment bill to compete against China”

  3. Intracellular chloride calculation proscar without a prescription Table 14 Pooled Efficacy Results of Second line Treatment Trials 0004 0005 Pooled Data Anastrozole tablets 1 mg N 263 Anastrozole tablets 10 mg N 248 Megestrol Acetate 160 mg N 253 Median Time to Death months 26

Leave a Reply

Your email address will not be published. Required fields are marked *