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Biden signs semiconductors bill aimed at competing against China – Asia Post

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Washington [US], August 9 (ANI): US President Joe Biden on Tuesday signed a semiconductors investment bill in a bid to boost the competitiveness of the country’s industry against China. Biden has termed the CHIPs and Science Act as a “once in a generation investment in America itself,” and said the bill will create good jobs, employ workers and help grow the US economy. “Today, I sign into law the CHIPS and Science Act. It’s a once-in-a-generation law that invests in America by supercharging our efforts to make semiconductors here at home. Today represents a more secure economy, jobs, and a…

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