America Act: top related news
20.07 / 21:23
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Nvidia and AMD aren't thrilled about pending law that stands to give Intel $20+ billion
The US Senate has finally voted to move along with legislation that provides billions of dollars in subsidies and tax credits for semiconductor manufacturing in the US. In its current form, the CHIPS Act is a slimmed-down version of the bill introduced last year that has since stalled in Congress(opens in new tab) (though the name, the Creating Helpful Incentives to Produce Semiconductors for America Act, is definitely still a mouthful). This new iteration of the CHIPS Act looks like it may pass by the end of the month.
