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The Independent UK
The Independent UK
National
Andrew Feinberg

‘We met the moment’: Biden kicks off week of celebrations with signing of $52bn semiconductor bill

Joe Biden Semiconductor NATO Finland Sweden
Reuters/Evelyn Hockstein

President Joe Biden kicked off what is set to be a week of celebrating in the halls of the West Wing with a bill signing to make the CHIPS and Science Act — bipartisan legislation that will inject approximately $50bn into the US semiconductor industry — the law of the land.

The celebration on the South Lawn of the White House was Mr Biden’s first large-scale appearance after ending a week of isolation following a rebound of his Covid infection.

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