The CHIPS Act, originally designed to provide $52B in incentives for chipmakers to open US plants, has now passed a Senate vote, with bipartisan support. It is expected to pass a House vote as early as next week, but has gained weight in its journey through Congress.
Apple lobbied in favor of the original plan, stating that it was vital to the construction of a TSMC plant in Arizona, which is expected to make chips for the Cupertino company …
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