Within six months the Chips act became law. And about a year and a half later, it was fully funded by Congress through the bipartisan Chips act and Science Act. This law provided nearly $40 billion in manufacturing incentives for semiconductors. to bring that capacity back to American soil and roughly $13 billion for research and workforce development. (12:30–12:37)
CLAIM
Asserts that the law provided nearly $40 billion in manufacturing incentives for semiconductors.
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