US Senate passes the Chips and Science Act, including $52B+ for US chipmakers as well as tax credits to encourage investment; the bill now heads to the House (Kevin Breuninger/CNBC)

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Kevin Breuninger / CNBC:

US Senate passes the Chips and Science Act, including $52B+ for US chipmakers as well as tax credits to encourage investment; the bill now heads to the House  —  – The Senate passed bipartisan legislation aimed to help the U.S. compete with China by injecting tens of billions of dollars into the domestic production of semiconductors.