Senate Advances Massive Subsidy Bill For The Semiconductor Industry
- July 20, 2022
- / Conservative Daily News
- / News

by Max Keating at CDN -

The Senate voted 64-34 to advance a more modest version of a long-debated bill that would subsidize domestic semiconductor production late Tuesday night. The Chips Act is primarily designed to increase semiconductor production in the U.S. in order to decrease dependence on China and other Asia-based manufacturers, and provides $52 …
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