WASHINGTON – Following the US Senate’s passage of the CHIPS and SCIENCE Act, Minnesota Senator Amy Klobuchar, a member of the Senate Commerce Committee, commented on bipartisan legislation to boost domestic semiconductor production.
“If we want to lead the global economy, we must be a country that makes goods, creates things and exports them to the world.” said Klobuchar. This bipartisan legislation will strengthen the global competitive edge to increase semiconductor production, strengthen supply chains and lower costs for consumers.
CHIPS and Science Act provides valuable resources for:
• Help companies build, expand or modernize in-house facilities and equipment for semiconductor manufacturing.
• Initiate domestic semiconductor workforce development and address emerging workforce shortages;
• Making the largest five-year investment in the nation’s history in public research and development, in critical technologies such as artificial intelligence and advanced manufacturing, as well as expanding STEM education and regional technology hubs.