Vice President Kamala Harris’ visit to Michigan is aimed at showcasing the significant federal investments in the semiconductor industry, particularly emphasizing the CHIPS Act's role in job creation and manufacturing growth.
Harris highlighted the CHIPS Act's $54 billion investment to revitalize the U.S. semiconductor industry, emphasizing how it has already supported the creation of over 115,000 jobs nationwide.
The CHIPS and Science Act aims to counterbalance dominance by countries like Taiwan, South Korea, and China by pouring federal funding into American semiconductor manufacturing, which has immense bipartisan support.
Trump criticized the CHIPS Act during a recent podcast, claiming the funding benefited wealthy companies instead of aiding broader domestic economic growth, suggesting tariffs for better company investment in the U.S.
Collection
[
|
...
]