SEMI applauds Senate progress on CHIPS Act of 2022, urges timely congressional approval
SEMI, the industry association serving the global electronics design and manufacturing supply chain, has publicly applauded progress in the US Senate on a robust package of federal incentives for the semiconductor supply chain.
The association has also urged the Act’s timely passage in Congress.
The bill includes $52bn in funding for new semiconductor programmes, including $39bn for a grant programme available to semiconductor manufacturers as well as equipment and materials suppliers.
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