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CHIPS Act of 2022 passes in US House, moving to Biden's desk

Set to boost chip production and make the United States tech market more competitive, the CHIPS Act now goes to President Biden to be signed into law.


For a while now, the United States has been floundering alongside the rest of the world in shortages when it comes to semiconductors. That includes the technology that benefits from them such as PCs, video game hardware, smartphones, and even up to and including vehicles. However, the passage of a bill through the final stages of United States legislation may boost the country’s semiconductor supplies and manufacturing in the long run. The CHIPS and Science Act of 2022 has passed in the Senate and House of Representatives and now goes on to President Joe Biden’s desk to be signed into law.

The CHIPS and Science Act of 2022 (also shortened to simply the CHIPS Act of 2022) was officially passed in the House of Representatives on July 27, 2022, following a passing Senate vote before that. The bill was passed in a vote of 243-187 with no Democrats voting against it. There was a strong push by Republican representatives to oppose the legislation, but nonetheless, 24 Republican House Reps voted for the bill as well.

US President Joe Biden's statement in support of the passage of the CHIPS Act of 2022 in both House of Representatives and Senate votes.
President Joe Biden shared support of the successful vote on the CHIPS Act of 2022 in the Senate and House of Representatives and signaled his intention to sign the bill into law immediately once it gets to his desk.
Source: White House

With the passage of the CHIPS Act of 2022 in both the US House of Representatives and Senate, the bill now goes on to be signed into law by Joe Biden’s administration. Once the CHIPS Act is active, it will provide funding to boost United States infrastructure and manufacturing in the tech industry, especially in regards to semiconductor fabrication. The primary goal of the legislation is to aid the US in overcoming the ongoing semiconductor famine that has been notoriously affecting nearly all tech industries worldwide and allow the nation to better compete with China’s production and dominance in the market.

“The CHIPS and Sciences Act is exactly what we need to be doing to grow our economy right now,” Biden said in a statement following the successful vote. “I look forward to signing this bill into law.”

With this statement in mind, it would appear that nothing stands in the way of the CHIPS Act now, and it will hopefully be a boon for the United States as tech companies around the world continue to seek ways to overcome supply shortages. Stay tuned as we continue to follow this story for further updates.

Senior News Editor

TJ Denzer is a player and writer with a passion for games that has dominated a lifetime. He found his way to the Shacknews roster in late 2019 and has worked his way to Senior News Editor since. Between news coverage, he also aides notably in livestream projects like the indie game-focused Indie-licious, the Shacknews Stimulus Games, and the Shacknews Dump. You can reach him at and also find him on Twitter @JohnnyChugs.

From The Chatty
  • reply
    August 1, 2022 9:00 AM

    TJ Denzer posted a new article, CHIPS Act of 2022 passes in US House, moving to Biden's desk

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      August 1, 2022 9:06 AM

      This place is being built in North Phoenix. It’s massive!

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      August 1, 2022 11:39 AM

      CHIPS ahoy!

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        August 1, 2022 12:06 PM

        I don't know the capacity, but it could be mostly for us government to use. I don't think someone like Nvidia is going to rely on it any time soon.

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          August 1, 2022 12:19 PM

          There's nothing in the bill for fabless companies like AMD, Nvidia, etc.

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          August 1, 2022 12:20 PM

          This isn't about government use. It's to reduce the country's overall reliance on foreign sourced chips. We are subsidizing private companies in order to spur investment and production. But as the interview notes, TSMC is spending ~$40bn/year (with a b) on capex for chip production so $50bn in subsidies needs to represent only a fraction of the total private investment for this to be competitive.

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            August 1, 2022 4:02 PM

            yea.. like it's not a bad idea, but taiwan's also been putting a ton of effort into doing this for 40 years now since silicon valley literally outsourced itself to taiwan in the 80s :D

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        August 1, 2022 4:16 PM

        what else would they say? private businesses hate it when governments involved unless it's giving them subsidies they don't need

    • reply
      August 1, 2022 12:18 PM

      7 mary 3 and 7 mary 4 responding

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      August 1, 2022 5:03 PM


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      August 1, 2022 11:11 PM

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