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White House gets to work on Chips and Science Act

                       

Spate of leadership appointments spurs start of work to boost technology competitiveness

The administration of US president Joe Biden has begun implementing the Chips and Science Act, creating a strategy to distribute $50 billion to boost the US semiconductor industry and creating new leadership positions to drive decision-making.

Signed off by Biden last month, the act is intended to boost US technology competitiveness, including by providing R&D funding to federal agencies such as the National Science Foundation.

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