President Joe Biden at the official signing of "The CHIPS and Science Act" (Official White House Photo by Erin Scott, https://bit.ly/3RZ1LLK)
On Aug. 25, President Biden signed the monumental $52.7 billion CHIPS and Science Act into law. The legislation is aimed to address the semiconductor manufacturing bottleneck in East Asia, namely the near-monopoly held on the industry by the Taiwan Semiconductor Manufacturing Company (TSMC). As Washington scrambles for solutions to this su
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