The U.S. Senate gave its final approval on Wednesday for a $280 billion bill focused on domestic semiconductor manufacturing and scientific research, with 64...
The U.S. Senate gave its final approval on Wednesday for a $280 billion bill focused on domestic semiconductor manufacturing and scientific research, with 64 senators voting in favor of it and 33 opposing it. The measure, which provides $52.
7 billion for the chips industry, could get signed into law in a matter of days. President Joe Biden has pushed for it, and analysts have said the House looks likely to pass the measure by the end of this week, before leaving for its August recess. Earlier Wednesday, the Senate voted to advance the legislation to a final vote.
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