US Senator Chuck Schumer is advocating for the passage of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act in New York. The act, which was introduced by Senators John Cornyn and Mark Warner, aims to boost domestic production of semiconductors, a vital component in numerous industries. The Act includes federal investments, tax credits, and research initiatives to bolster the US semiconductor industry. Schumer is pushing for New York to be a key player in the Act’s implementation.
Don’t miss out on the details of this important piece of legislation aimed at boosting domestic production of semiconductors. Click the link below to learn more about Senator Schumer’s efforts, the specifics of the CHIPS for America Act, and what it means for New York State.