Tech

Is the future of the microchip industry going to be Made in America? – TechCrunch

Is the future of the microchip industry going to be Made in America? – TechCrunch #future #microchip #industry #America #TechCrunch Welcome to Viasildes, here is the new story we have for you today:

You Can Click Here To View Restricted Videos/Images in this Article

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.

With all eyes on Taiwan and worries mounting around semiconductor supply, the U.S. CHIPS Act is particularly timely. But it is not unique: Other countries similarly aspire to reduce their reliance on imported chips. Let’s explore. — Anna

From cheap as chips to billion-dollar incentives

U.S. president Joe Biden signed the CHIPS and Science Act of 2022 into law earlier this week after the bill received broad bipartisan support in the House and Senate.

The H and I in CHIPS stand for “Helpful Incentives,” hinting at the main component of the initiative: $52.7 billion in public subsidies.

Biden described the new bill on Twitter as “a once-in-a-generation law that invests in America by supercharging our efforts to make semiconductors here at home.”

Click Here To Continue Reading from Source

Daniel Joseph

Daniel with 10+ years of experience in Writing, Content Marketing. I write posts mostly about celebrity and other entertainment related stuffs. I love sharing my knowledge with the community. Here, I bring you the latest happening around the Globe. Your support would mean a lot to me!

Related Articles

Back to top button