Senate passes bill to reduce reliance on China for semiconductors

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President Biden led a virtual meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act on Monday, ahead of the Senate vote. Anna Moneymaker/Getty Images

Anna Moneymaker/Getty Images

The Senate has passed a major piece of legislation aimed at supporting domestic manufacturing of semiconductor chips that power the nation’s smartphones, cars, computers, medical equipment and weapons systems. The bipartisan-backed measure passed by a vote of 64-33.

“This is going to go down as one of the major bipartisan achievements of

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