Biden signs semiconductor bill into law, though Trump raid overshadows event

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President Biden signed the CHIPS and Science Act on the South Lawn of the White House on August 9. The legislation is aimed at boosting the domestic production of semiconductors. Mandel Ngan/AFP via Getty Images

Mandel Ngan/AFP via Getty Images

President Biden on Tuesday heralded legislation that will pump more than $50 billion into research and manufacturing of semiconductor chips, which power everything from medical devices and cars to computers and weapons systems, as a “once-in-a-generation investment in America itself.”

“Today America is

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