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The Wall Street Publication > Blog > Tech > House Passes Bill to Boost U.S. Chip Industry
Tech

House Passes Bill to Boost U.S. Chip Industry

Editorial Board Published July 28, 2022
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House Passes Bill to Boost U.S. Chip Industry
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WASHINGTON—The House passed a $280 billion bill aimed at boosting U.S. semiconductor manufacturing and competitiveness with China, despite a late push by Republican leaders to block the legislation over a separate Democratic spending proposal.

President Biden is expected to sign the legislation, which passed in a 243-187 vote. Twenty-four Republicans joined with Democrats to vote for the bill. One Democrat, Rep. Sara Jacobs (D., Calif.), voted present. Her family founded chip developer Qualcomm Inc.

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