BY Danisha mie orbe

President Biden Signs $280 Billion Chips

President Biden Signs $280 Billion Chips

On Tuesday, US President Biden signed a package worth a total of...

$280 billion

This is intended to promote indigenous chip manufacturing and...

research funding

Why is it important

?

The financing is intended to help strengthen the domestic chip manufacturing industry.

A component that is essential to practically all of the electronic devices we use today.

To assist in preventing upcoming supply chain difficulties and enhancing competitiveness with China.

LASTLY,

- President Biden

"

"Fundamental change is taking place today — politically, economically and technologically,"