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Home » Congress Passes CHIPS Act to Boost US Semiconductor Manufacturing
Infrastructure

Congress Passes CHIPS Act to Boost US Semiconductor Manufacturing

August 5, 2022Updated:December 12, 2023No Comments1 Min Read
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Circuit board. Technology background. Central Computer Processors CPU concept. Motherboard digital chip.
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During the week of July 25, the House and Senate passed AGC-backed legislation—the CHIPS Act of 2022—that will provide $39 billion for the building, improvement, and expansion of semiconductor manufacturing plants across the nation. The construction of these facilities will also spur broader economic development and new, long-term construction jobs. For example,...

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Construction Employment Falls By 11,000 In February With Declines In Residential And Nonresidential As Firms Worry About Demand Levels

March 6, 2026

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