Wednesday, July 27, 2022

Senate passes semiconductor industry bill with $2 billion for auto-grade chips

The bipartisan bill — known as the CHIPS and Science Act, or "CHIPS-plus" — provides more than $50 billion in government subsidies for U.S. semiconductor research, design and production, including $2 billion for "legacy chips" used by automakers and parts suppliers.



from Section Page News - Automotive News https://ift.tt/X3i0hSq

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