WASHINGTON — President Biden on Tuesday signed into law a bill known as the Chip and Science Act, committing $200 billion to boost domestic production. provided more than Semiconductor Computer He promotes the development of chips and reduces US dependence on foreign manufacturing of the components that power nearly every aspect of modern technology.
Bill passed both houses of Congress last month and gained bipartisan support after months of negotiations. The bill is a top priority for the Biden administration, and prior to the bill being passed, senior officials told lawmakers that failure to act would impactnational securityand the economy. warned.
"Know that there are those who seek power rather than securing a future, those who seek division rather than strength and unity, those who destroy rather than build. We know," Biden said. Ceremony on the South Lawn of the White House. "Today is Builder's Day. Today America delivers." attended an event. Among those in attendance were heads of Intel, HP and Lockheed Martin, governors of Illinois and Pennsylvania, and mayors of Ohio, Michigan, Texas, Idaho and Utah, according to White House officials.
Biden said the crowd "represents why we are better positioned than any other country in the world to win the economic race of the 21st century." rice field.
“We can put all our resources into it. and the world," he said. “Create good jobs, empower workers, grow economies — grow for everyone, not just the wealthy.”
The president said the United States accounts for less than 10% of global semiconductor production, and that manufacturing over the past 30 years He said it represented a sharp decline in the industry. I moved abroad.
"America's manufacturing is the backbone of our economy, and it's hollowed out," Biden insisted, just two days after he was released from quarantine due to a COVID-19 attack. said coughing. “As a result of offshoring semiconductor manufacturing, we now manufacture only 10% of our semiconductors, despite being a leader in chip design and research.”
Ahead of the bill's signature. , the White House said it facilitated about $50 billion in additional investment in domestic semiconductor production, facilitated by Congress' approval of the bill.
"The CHIPs and Science Act is making smart investments to help Americans compete and win the future," the White House said in a fact sheet on the bill.
The bill would provide more than his $52 billion in subsidies for US semiconductors and about $24 billion in tax credits for new chip manufacturing facilities. It also includes billions of dollars to establish regional innovation and technology hubs to foster investment in R&D, create jobs, and boost regional economic development.
The White House is touting a bill that cuts the cost of cars, smartphones, consumer electronics, and appliances that all require chips as a victory for the US economy.
