Business

Fishing for CHIPS

By Emma Loop
Published August 5, 2022 3:00am ET
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Fishing for CHIPS
WASHINGTON — The global semiconductor industry is turning into an international arms race, and the United States is jumping in. President Joe Biden is expected to sign a bill with sizable tax credits and $52 billion in incentives to boost domestic chip production, as well as billions more in funding for scientific research and development. […]

WASHINGTON — The global semiconductor industry is turning into an international arms race, and the United States is jumping in.

President Joe Biden is expected to sign a bill with sizable tax credits and $52 billion in incentives to boost domestic chip production, as well as billions more in funding for scientific research and development.

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