Senate passes bill to subsidize US-made semiconductor chips
The Senate passed a bipartisan bill that would provide $52 billion in subsidies to domestic semiconductor manufacturers and invest billions in science and technology innovation, in a bid to strengthen the United States’ competitiveness and self-reliance in what is seen as a keystone industry for economic and national security. In a 64-33 vote, the Senate passed the $280 billion “CHIPS and Science Act,” the final iteration of a bill that was years in the ma