It might get cheaper and easier to buy popular tech products, like gaming consoles and graphics cards, after Congress approved $52 billion in funding for domestic semiconductor manufacturing.
In a 243-187 vote on Thursday, the House passed the $280 billion CHIPS and Science Act to strengthen US science and technology innovation. The bill, a Biden administration priority, includes $52 billion in subsidies to encourage chip manufacturers to build out semiconductor fabrications plants, or “fabs,” in the US.
After months of negotiations between the House and Senate, Thursday’s approval resolves the looming threat of chipmakers reconsidering plans to build US plants. Earlier this month, the groundbreaking ceremony for a $20 billion Intel...
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.