The U.S. House passed the bipartisan Building CHIPS Act, expediting semiconductor project approvals and enhancing domestic chip production.

The U.S. House of Representatives has passed the bipartisan Building CHIPS in America Act, aimed at expediting the approval of semiconductor manufacturing projects by exempting some from federal environmental reviews under the National Environmental Policy Act. This legislation, part of the CHIPS and Science Act, seeks to enhance domestic chip production, strengthen supply chains, and improve national security. The bill now awaits President Biden's signature.

September 24, 2024
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