Blog

In a historic ceremony held in the Rose Garden of the White House today August 9th, 2022, President Joe Biden delivered remarks and signed into law the long-awaited CHIPS and Science Act of 2022, 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 ceremony

On July 29, 2022, the CHIPS for America Act was adopted by the U.S. Congress – a monumental piece of legislative news for the U.S. semiconductor industry. It is expected to be signed into law by President Joe Biden before Congress heads into recess in August. The bill provides a 25% tax credit for U.S.