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House Approves CHIPS Act

President Biden lauds passage, expects to sign semiconductor legislation in coming days.
U.S. Speaker of the House Nancy Pelosi
(via C-SPAN)

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By George Leopold

The U.S. House of Representatives voted Thursday (July 28) to approve subsidies designed to kickstart U.S. chip manufacturing. Twenty-four Republicans voted in favor of the measure, which provides $52 billion in industry incentives for chip manufacturing and research.

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