CARLSBAD, Calif.—President Joe Biden wrapped up a 19-hour visit to the San Diego area Nov. 4, by speaking at a technology company that he said will benefit from passage of the CHIPS and Science Act and from having more chips being produced in America.
The Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 provides funds to support the domestic production of semiconductors and authorizes various programs and activities of the federal science agencies. It was approved by a 243–187 vote in the House and a 64–33 vote in the Senate.