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Biden cheers Senate passage of semiconductor bill

By Naomi Lim
Published July 27, 2022 5:52pm ET
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Biden cheers Senate passage of semiconductor bill
President Joe Biden has welcomed the Senate passing a $280 billion bill investing in the country’s manufacturing and technology sectors, countering China’s economic influence. Biden described the CHIPS and Science Act, which has been known by a series of names as lawmakers debated it, as a “historic” measure that will “lower costs and create jobs.” […]

President Joe Biden has welcomed the Senate passing a $280 billion bill investing in the country’s manufacturing and technology sectors, countering China’s economic influence.

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