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U.S. Senate passes USD 280 billion bill to boost semiconductor chip production
On July 26, the U.S. Senate passed a bill designed to encourage more semiconductor companies to build chip plants, a key priority of the Biden administration.
The USD 280 billion measure, which awaits a House vote, includes federal grants and tax breaks for companies that construct their chip facilities in the U.S.
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The USD 280 billion measure, which awaits a House vote, includes federal grants and tax breaks for companies that construct their chip facilities in the U.S.
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