Passage of $280 billion chips bill seen as aiding truckers seeking replacement vehicles
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Aug
For the first time in quite a while, Washington is in the chips. Computer semiconductor chips, that is. Congress late last week passed a bipartisan $280 billion package of subsidies and research funding to increase America’s international competitiveness in the high-tech sector. It is designed to make the U.S. less dependent on Taiwan for production of the ubiquitous wee chips that are critical to U.S. competitiveness.