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  1. www.politifact.com › factchecks › 2024Fact-checking Joe Biden’s statement on the CHIPS Act

    Feb 29, 2024 · The CHIPS and Science Act, which U.S. Rep. Tim Ryan, D-Ohio, introduced in 2021, passed as a rare example of bipartisanship, with 17 Republicans voting for it in the Senate and 24 in the House ...

  2. www.presidency.ucsb.edu › documents › fact-sheet-twoFACT SHEET: Two Years after the CHIPS and Science Act, Biden ...

    Aug 9, 2024 · As a result of these investments, the United States is on track to produce nearly 30% of the global supply of leading-edge chips by 2032, up from zero percent when President Biden and Vice President Harris took office.

  3. en.wikipedia.org › wiki › CHIPS_and_Science_ActCHIPS and Science Act - Wikipedia

    Passed the Senate as the Chips and Science Act on July 27, 2022 (64–33) with amendment. House agreed to Senate amendment on July 28, 2022 (243–187–1) Signed into law by President Joe Biden on August 9, 2022. 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 ...

  4. www.csis.org › blogs › perspectives-innovationThe CHIPS for America Act: Why It is Necessary and What It ...

    Jan 31, 2022 · In June of 2021, the U.S. Senate passed the United States Innovation and Competition Act(USICA), which appropriates funds to finance the programs outlined in the CHIPS for America Act. USICA includes $39 billion in financial assistancefor chip plant construction over five years, and another $11.2 billion for the CHIPS Act research and ...

  5. www.cfr.org › in-brief › what-chips-actWhat Is the CHIPS Act? - Council on Foreign Relations

    Apr 29, 2024 · The first CHIPS grant, totaling $35 million, went to BAE Systems—a UK-based defense contractor—in December 2023 to produce chips for F-15 and F-35 fighter jets.

  6. crsreports.congress.gov › product › pdfSemiconductors and the CHIPS Act: The Global Context

    July 2022, Congress enacted the CHIPS and Science Act (P.L. 117-167), which President Joe Biden signed into law in August 2022. P.L. 117-167 (Division A) provides funding for the CHIPS for America provisions enacted in the 2021 NDAA. The act appropriates $52.7 billion to increase semiconductor manufacturing capacity in the United States by ...

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  8. www.mckinsey.com › industries › public-sectorWhat is the CHIPS and Science Act? | McKinsey

    Oct 4, 2022 · An additional $500 million goes to the US Department of State 1 In coordination with the US Agency for International Development, the US International Development Finance Corporation, and the Export–Import Bank of the United States. to coordinate with foreign-government partners on semiconductor supply chain security. And $1.5 billion funds the USA Telecommunications Act of 2020, which aims ...

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