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MASS Group Applauds the Passage and Signing of the CHIPS and Science Act

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President Biden recently signed bipartisan legislation to provide a $280 billion package to the domestic semiconductor industry that aims to boost U.S. competitiveness and solve supply chain challenges.

Press Release


Aug 17, 2022 15:04 PDT

President Biden recently signed The CHIPS and Science Act of 2022 into law. It will boost American semiconductor research, development, and production to ensure U.S. leadership in the semiconductor industry. This bipartisan legislation, which includes a $52 billion subsidy for semiconductors, will strengthen the domestic production and supply chain of semiconductors while increasing competitiveness with other…

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