WebApr 7, 2024 · The Senate passed the measure, Senate Bill 4, last week, and Gov. Tina Kotek intends to sign it. It’s intended to give Oregon businesses a leg up in applying for some of the $52 billion in federal funding made available by last year’s CHIPS and Science Act. “We’ve never had this kind of pro-business, pro-worker, pro-Oregon collaboration ... The CHIPS and Science Act combines two bipartisan bills: the Endless Frontier Act, designed to boost investment in domestic high-tech research and the CHIPS for America Act, designed to bring semiconductor manufacturing back to the U.S. The act is aimed at competing with China. The Endless Frontier Act was initially presented to Senators Chuck Schumer (D-NY) and Todd Young (R-IN) by Under Secretary of State Keith Krach in October 2024, as part of the Global Eco…
The CHIPS for America Act: Why It is Necessary and What It Does
WebFeb 7, 2024 · The House of Representatives passed legislation late last week aimed at increasing U.S. competitiveness in semiconductor manufacturing, reviving a bipartisan push to fund domestic chip … WebJul 28, 2024 · Photo Illustration: Adele Morgan. WASHINGTON—The House passed a $280 billion bill aimed at boosting U.S. semiconductor manufacturing and competitiveness with China, despite a late push by ... hugs codycross
FACT SHEET: President Biden Signs Executive Order to …
WebJul 20, 2024 · The centerpiece of the legislation is $52 billion to rebuild domestic chip production and tax breaks to encourage the construction of plants based in the U.S. Chip stocks rallied on Tuesday ahead ... WebMar 29, 2024 · The Senate first passed chips legislation in June that also authorized $190 billion to strengthen U.S. technology and research to compete with China, while the … WebJul 28, 2024 · The ultimate version, known as the Chips and Science Act, includes more than $52 billion for U.S. companies producing computer chips, as well as billions more in tax credits to encourage ... hugs clipart gif