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U.S. Senate advances chip funding bill to encourage local semiconductor manufacturing

U.S. Senate advances chip funding bill to encourage local semiconductor manufacturing Image
  • Posted on 27th Jul, 2022 13:03 PM
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The U.S. Senate voted in favor of the chips bill (64-32) on Tuesday to bolster local semiconductor manufacturing. The bipartisan bill will pave the way for providing nearly $280 billion in various incentives for U.S-based chip making. The bill, popularly known as the CHIPS-Plus package, has three m…

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