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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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Latest News

Construction Spending Decreases By 0.3 Percent From April To May And 3.5 Percent Over 12 Months, Marking Largest Yearly Drop Since 2019

July 1, 2025

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