WebJul 20, 2024 · The Senate on Tuesday voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China. The legislation, which would provide about … A Senate and House conference was required to reconcile the differences, which resulted in the bipartisan CHIPS and Science Act, or "CHIPS Plus". [19] The bill passed the U.S. Senate by a vote of 64–33 on July 27, 2024. [20] On July 28, the $280 billion bill passed the U.S. House by a vote of 243–187–1. [21] See more The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2024. The act provides roughly $280 billion in new funding to … See more The bill constitutes an industrial policy initiative which takes place against the background of a perceived AI Cold War between the US and China, as artificial intelligence technology relies on semiconductors. The bill was considered amidst a See more Since the May 2024 onshoring of TSMC used by Under Secretary of State Keith J. Krach as a catalyst for the bill and to secure the U.S. semiconductor supply chain, a significant number of companies and a list of ecosystem suppliers have committed or made … See more • America COMPETES Act of 2024 – original House version • European Chips Act • Infrastructure Investment and Jobs Act and Inflation Reduction Act of 2024 – other major acts in … See more The CHIPS and Science Act combines two bipartisan bills: the Endless Frontier Act, designed to boost investment in domestic high-tech research and the CHIPS for America Act, … See more Every senator in the Senate Democratic Caucus except for Bernie Sanders voted in favor of passing the CHIPS Act, and they were joined by seventeen Republican senators, including … See more Support Many legislators and elected officials from across both the federal government and various state governments endorsed the passage. A large … See more

Congress may soon vote on the $52 billion CHIPS Act—but

WebJul 19, 2024 · Major U.S. chip firms on Monday were coming around to support a package of chip industry subsidies despite earlier concerns that legislation awaiting a vote in the Senate disproportionately ... WebJul 28, 2024 · $280 billion bill on Thursday to bolster the domestic chip manufacturing industry and subsidize scientific research, bucking GOP leadership’s recommendation to vote against the measure. nesn red sox broadcast team

US to vote on new bill to stop China’s Huawei and ZTE

Web2 days ago · The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp that have been deemed security threats by the U.S. government. WebJul 22, 2024 · A vote to break a filibuster is pushed until next week due to a large number of absences in the Senate, according to GOP Sen. John Cornyn of Texas, one of the principal authors of the bill. WebJul 1, 2024 · CHIPS Act of 2024 (Sec. 102) The act establishes and provides funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund to … itt standard plateflow heat exchanger