President Joe Biden signs a celebratory bill to enact the bipartisan CHIPS and Science Act in the Hall of the West Wing for a week of celebration. started the meeting. Law to inject nearly $50 billion into USsemiconductor industry — law of the earth.
The celebration on the South Lawn of the White House was the first big appearance since Mr. Biden ended his week-long quarantine following a flare-up of his Covid-19 infection. The law aims to make the US more competitive with China by onshoring the manufacturing of semiconductors used in cars, computers, mobile phones and devices of all kinds. meeting.
Mr. Biden called the law a "once-in-a-generation investment in America itself," saying that the money the law would spend would help reduce the cost of products that rely on semiconductors.Said it helps lower.
"People need to make these chips here in America to reduce their daily costs and create jobs," he said. Mr. Biden added that industry leaders would see investments in chip manufacturing as a sign that "America is back."
He added that returning chip manufacturing to the United States would help national defense by shortening the supply chain for key components used in weapons systems such as the Javelin anti-tank missile. actively lobbied against the bill.
"The United States must lead the world in producing these advanced chips. This law will do just that," he said.
The signing of the CHIPS and science legislation is just the first of several celebrations Biden will attend this week.
Mr. Biden also signed papers on Tuesday giving the United States approval for Finland and Sweden's application to become NATO's 31st and 32nd members, and on Wednesday, Mr. sign the law respecting the PACT law of It authorizes even more funding to treat veterans exposed to toxic substances while on duty.
Approved and reduced US greenhouse gas emissions by 40 percent.
"Decades from now, people will look back this week on all that has passed and all that has moved forward, and I am sure we have met this moment at this inflection point in history." He said. "The moment we bet on ourselves, believed in ourselves, took back the story, the spirit and the soul of this country".
