Reports from the U.S. Department of Commerce or industry reports on microchip production capacity

Building Chips in America Act Signed into Law After Bipartisan Negotiation to Strengthen US Microchip Manufacturing

Oct 4, 2024, 04:00 PM

The Building Chips in America Act, championed by Sen. Mark Kelly, has been signed into law after more than a year of bipartisan negotiation. This legislation aims to prevent delays in construction and strengthen the United States' leadership in microchip manufacturing. The Act complements the CHIPS for America Act, authored by Rep. McCaul, which focuses on ensuring semiconductor production within the USA to bolster national security. The signing of this law coincides with National Manufacturing Day, a celebration that highlights the contributions of the manufacturing sector to the economy and national security. Various senators and representatives have expressed their support and gratitude towards the manufacturing industry, emphasizing its role in creating jobs and driving economic growth.