Biden to sign bill to boost chipmakers, compete with China Aug. 9 – White House

Biden to sign bill to boost chipmakers, compete with China Aug. 9 - White House

WASHINGTON : U.S. President Joe Biden next Tuesday will sign a bill to boost American semiconductor chip companies as they compete with China, the White House said on Wednesday.

The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing machines and video games.

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