Chipmaker Bill

U.S. Congress Passes Long-awaited Bill to Boost Chipmakers, Compete with China

The U.S. House of Representatives passed sweeping legislation on Thursday to subsidize the domestic semiconductor industry as it competes with Chinese and other foreign manufacturers, a victory for President Joe Biden and his fellow Democrats hoping to keep their slim majority in Congress in November midterm elections. The final vote was 243 to 187, with […]