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House of Representatives releases America COMPETES Act

On January 25th, 2022, the U.S. House of Representatives released competitiveness legislation called the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (America COMPETES) Act of 2022. The legislation includes $52 billion to fund the semiconductor research, design, and manufacturing provisions in the CHIPS for America Act. The Senate passed funding for the

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