House passes $280B bill to bolster domestic chip production

Nancy Pelosi.
(Image credit: Nathan Howard/Getty Images)

The House on Thursday passed legislation intended to bolster domestic semiconductor manufacturing and "invest billions in science and technology innovation," with the goal of boosting the United States' competitiveness with China, The Washington Post reports.

The $280 billion bill, known as the Chips and Science Act, passed in a bipartisan, 243-187 vote, after clearing the Senate 64-33 one day prior. It now heads to President Biden's desk.

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.