The U.S. Senate voted to advance its Chips and Science Bill on July 26, which is aimed at boosting domestic semiconductor production and improving technological competitiveness with China.
The Senate voted to limit debate on the so-called “Chips and Science Bill,” in a 64-32 vote. It will now head to a vote and is likely be passed by the Senate, and then move to the House for a vote before going to the President’s desk for signature.
The bill is a compromise version of two bills that members of Congress have been working on for more than a year. It will provide funding to spur domestic semiconductor production….