CHIPS Bill: US President Joe Biden to Sign Bill to Boost US Semiconductor Industry on August 9

US President Joe Biden next Tuesday will sign a bill to subsidize the US semiconductor industry and boost efforts to make the United States more competitive with China, the White House said on Wednesday. The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing machines and video games. Thousands of cars and trucks remain parked in southeast Michigan awaiting chips as the shortage continues to impact automakers. Read More »

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