![President Joe Biden signs the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington on Tuesday. AFP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HR5EC6GO7VNKIHHXSOVPTM4EJY.jpg?smart=true&auth=47f4ad40c00847e3c6750d2530c09f96ca50ac7320a35b3df3430596e607cc9b&width=400&height=225)
President Joe Biden signs the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington on Tuesday. AFP
President Joe Biden signs the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington on Tuesday. AFP
Biden hails 'once-in-a-generation investment' in US semiconductor bill
Legislation to boost semiconductor influence considered crucial to ensure competitiveness with China