House Passes Chips Act to Boost U.S. Semiconductor Production

WASHINGTON—The House passed a $280 billion bill aimed at boosting U.S. semiconductor manufacturing and competitiveness with China, despite a late push by Republican leaders to block the legislation over a separate Democratic spending proposal.

President Biden is expected to sign the legislation, which passed in a 243-187 vote. Twenty-four Republicans joined with Democrats to vote for the bill. One Democrat, Rep. Sara Jacobs (D., Calif.), voted present. Her family founded chip developer Qualcomm Inc.

Source link

Leave a Reply

Your email address will not be published.

%d bloggers like this: