2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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62 Billion Dollars
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32 Billion Dollars
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52 Billion Dollars
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42 Billion Dollars
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Detailed explanation-1: -The act invests $280 billion to bolster US semiconductor capacity, catalyze R&D, and create regional high-tech hubs and a bigger, more inclusive STEM workforce.
Detailed explanation-2: -US-based fabs, or chip manufacturing plants, currently only account for 12% of the world’s modern semiconductor manufacturing capacity, according to data from the Semiconductor Industry Association trade group.
Detailed explanation-3: -WASHINGTON, DC – The U.S. Senate voted 64-33 today to pass a version of the Creating Helpful Incentives for the Production of Semiconductors (CHIPS) for America Act, known as ‘CHIPS-Plus. ‘ This legislation will boost U.S. computer chip manufacturing and reduce U.S. reliance on foreign-made semiconductors.
Detailed explanation-4: -America invented the semiconductor, but today produces about 10 percent of the world’s supply-and none of the most advanced chips. Instead, we rely on East Asia for 75 percent of global production.