Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report finds
A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. manufacturing of semiconductors and reduce the ...
Trump's Pick for Commerce Secretary Wants More Industrial Policy for Chipmakers
The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 ...
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Report Reviews CHIPS Act, Suggests Not All Needed Subsidies
Summary The Peterson Institute’s report evaluates the CHIPS Act’s impact, revealing $31.4 billion in grants and loans likely critical for 10 firms, but $7.1 billion possibly unnecessary. While ...
U.S. News & World Report16d
Biden's Big Semiconductor Law Will Ramp up US Chip Production -- but at a High Cost, Report Finds
Biden's Big Semiconductor Law Will Ramp up ... Researchers at the Peterson Institute for International Economics calculated that the $280 billion CHIPS and Science Act will create about 93,000 ...
The Columbian15d
Biden’s big semiconductor law will ramp up U.S. chip production — but at a high cost, report finds
Researchers at the Peterson Institute for International Economics calculated that the ... a year – twice the average annual salary of U.S. semiconductor employees, the Peterson report found.