Jimmy Fallon, Nick Kroll, America's Computer Chip Manufacturing
CBS News Sunday Morning with Jane Pauley
00:00
The Future of the Chip Entry Is Going to Be Made in America
The CHIPS Act is a law developed by the Trump administration and signed into law by President Biden last August. If it works, this act will spark an American chip making boom in massive fabrication plants called fabs. It includes $13 billion for research and development, $39 billion for building new plants and about $24 billion in tax credits to attract private investors.
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