WASHINGTON — President Joe Biden on Tuesday signed a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China.
“The future of the chip industry is going to be made in America,” Biden said in a sweltering Rose Garden ceremony Tuesday, referring to the diminutive devices that power everything from smartphones to computers to automobiles. The legislation sets aside $52 billion specifically to bolster the U.S. computer chip sector.
The White House sought Tuesday to begin selling the immediate impacts of the semiconductor measure, noting that Micron, a leading U.S. chip manufacturer, will announce a $40 billion plan to boost domestic production of memory chips, while Qualcomm and GlobalFoundries will unveil a $4.2 billion expansion of an upstate New York chip plant.
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President Biden to sign $280B CHIPS act in bid to boost US over ChinaPresident Biden is preparing to sign a $280 billion bipartisan bill to boost domestic high-tech manufacturing. us biden china politics Black Sabbath War Pigs Nancy goes Taiwan and all of a sudden we have a Chips plant coming to America, hmmm Where’s money for me to start a high tech firm?
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LIVE: Biden to sign $280B CHIPS act in bid to boost US over ChinaLIVE NOW: President Joe Biden is preparing to sign a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China.
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Biden to sign $280B CHIPS act in bid to boost US over ChinaPresident Joe Biden is preparing to sign a $280 billion bipartisan bill to boost domestic high-tech manufacturing. Someone please put this deg.enerate in hospice where he belongs.
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President Biden to sign CHIPs Act, says bill will bolster supply chainPresident Joe Biden will sign the CHIPs Act into law Tuesday, saying that the legislation will 'strengthen American manufacturing, supply chains, and national security.'
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Biden to sign bill to boost US chip manufacturing to compete with ChinaBiden is set to sign the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.
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U.S. Senate Democrats approve big Biden economic deal; House to vote nextThe Senate has approved Democrats' big election-year economic package. The legislation is less ambitious than President Joe Biden's original domestic goals. But it embodies deep-rooted party dreams of slowing global warming, moderating pharmaceutical costs and taxing big corporations. Middle class getting bent over yet again. Republican senators voted against a healthy environment, against lowering healthcare costs, against reducing the deficit, and most telling, they voted against making billionaires pay their fair share. Republicans are against everything and NEVER offer any solution. Pure greed And when you raise taxes on corporations...who do think they pass that cost on to? Us little folks, that's who. We get to foot that bill too. Thanks Brandon.
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