Joe Biden Pat Gelsinger Usa PlayStation 5 Xbox Series X Joe Biden Pat Gelsinger Usa

President Biden Signs CHIPS And Science Act In Effort To End Semiconductor Shortage

Reading now: 760

President Joe Biden is signing the CHIPS and Science Act today. This piece of legislation is meant to invest in the manufacturing of semiconductors in the United States, which in turn could alleviate the supply issues with video game consoles.

According to the House Science, Space, and Technology Committee's website, the CHIPS and Science Act will increase the production of American-made semiconductors in order to tackle the country's supply chain vulnerabilities.

Today, I sign into law the CHIPS and Science Act. It's a once-in-a-generation law that invests in America by supercharging our efforts to make semiconductors here at home.

Today represents a more secure economy, jobs, and a stronger future for our nation. America is delivering. «This legislation represents months of bipartisan and bicameral negotiations.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News