Munich Christmas in midsummer: The chip industry can look forward to 52 billion dollars in subsidies in the USA. The parliament in Washington has approved the state aid, only the signature of President Joe Biden under the “Chips Act” is missing.
The industry is cheering: “The Congress has taken on a crucial challenge of our time and seized the historic opportunity to strengthen American semiconductor manufacturing, chip design and research,” said John Neuffer, president of the Semiconductor Industry Association. The law strengthens the domestic economy and national security.
