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US Senate passes CHIPS Act 2022, bans recipients from expanding advanced chip capacity in specific countries

Judy Lin, DIGITIMES Asia, Taipei 0

Credit: AFP

The Senate on July 27 passed CHIPS and Science Act of 2022, bipartisan legislation in a vote of 64-33. A total of US$52.7 billion will be spent as a 5-year incentive for developing domestic semiconductor manufacturing capabilities and other programs.

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