WebAug 9, 2024 · The White House also touted Micron announcing a $40 billion investment in memory chip manufacturing, which would boost U.S. market share from 2% to 10%, an investment it said was planned with ... WebAug 9, 2024 · The law -- known as the CHIPS and Science Act -- spends nearly $53 billion to spur research in and development of America's semiconductor industry. It is intended to address a nearly two-year global chip shortage that stemmed from supply chain issues related to the COVID-19 pandemic.
Biden signs bill boosting US chip manufacturing as he kicks off ... - CNN
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Senate Passes $280 Billion Industrial Policy Bill to Counter China
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