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Senate Finally Takes Action on CHIPS Act, Setting the Stage for Its Passage

July 20, 2022 by Ted 1 Comment

Photo of semiconductors or chips, the Senate finally takes action
[Photo: REUTERS/Florence Lo/Illustration]

More than a year after its initial introduction, and in the wake of chip manufacturers threatening to scale back their U.S. projects, the United States Senate finally took action on Tuesday to move forward on the bill known as the CHIPS Act. After months of at times heavy discussion/arguing, the stage is set for both the House of Representatives and the Senate to vote on its passage, perhaps as early as next week.

See more on this development with the CHIPS Act

[Read more…] about Senate Finally Takes Action on CHIPS Act, Setting the Stage for Its Passage

Filed Under: construction, Industry Trends, Manufacturers, News, Strategy, supply chain, Technology Tagged With: chip shortage, CHIPS Act, Congress, House of Representatives, Intel, Senate, Texas Instruments

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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