Biden to sign bill to boost chipmakers, compete with China on 9 August -White House
03 August, 2022, 09:35 pm
Last modified: 03 August, 2022, 09:35 pm
US President Joe Biden delivers remarks to staff in the Rose Garden as he returns from Covid-19 isolation to work in the Oval Office at the White House in Washington, US July 27, 2022. REUTERS/Jonathan Ernst
US President Joe Biden next Tuesday will sign a bill to boost American semiconductor chip companies as they compete with China, the White House said on Wednesday.
The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing machines and video games.
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