House approves ‘CHIPS-plus,’ sending technology bill to White House for Biden’s signature

The House has given final approval to “CHIPS-plus” legislation supporting domestic semiconductor production and tech and cyber research, as key pieces of a strategy to bolster national security and the United States’ position in a fast-evolving technology race with China.

The 243-187 House vote today sends the package to President Biden for his signature. The bill was supported by 243 House Democrats and twenty-four Republicans. The Biden administration backed by tech, defense, auto and other industry groups mounted a...