Tag Archives: House signs off on billions to bring semiconductor chip manufacturing to U.S.

WASHINGTON — A package of scientific research funding and incentives for domestic semiconductor chip manufacturing is headed to President Joe Biden’s desk after the House approved it 243-187 on Thursday. The legislation includes tens of billions in direct subsidies and tax breaks to entice chip companies into choosing U.S. sites for their new and expanded facilities rather than locations overseas. The measure could prove …

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