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Pelosi Praises CHIPS Act For Reducing ‘Dangerous Dependence’ On Foreign Manufacturing

During House Floor remarks last month, Speaker Nancy Pelosi (D-CA) spoke about The CHIPS Act.
The CHIPS and Science Act (or Creating Helpful Incentives to Produce Semiconductors for America Act), also known as simply the CHIPS Act, is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act provides billions of dollars in new funding to boost domestic research and manufacturing of semiconductors in the United States.
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