Senate passes $250 billion US Innovation and Competition Act, promises $52bn in chip funding
But it's a step back from the wider goals of the Endless Frontier Act
News - Endless Frontier Act
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Chip makers, big tech, and cloud companies launch Semiconductors in America Coalition to lobby government
Primarily focused on getting funding for the CHIPS Act
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GlobalFoundries moves headquarters to its fab in New York
Shifting from its previous HQ in Silicon Valley