A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. manufacturing of semiconductors and reduce the country’s reliance on foreign-made computer chips, will “sharply increase ...

The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 ...

Researchers at the Peterson Institute for International Economics calculated that the ... That’s twice the average annual salary of U.S. semiconductor employees, according to the report, but ...