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Semiconductor manufacturing in Michigan set to get a boost from CHIPS Act

The legislation, which Congress passed last week, will pump $52 billion in incentives to increase domestic production of semiconductors and microchips that are used in many electronic devices. 

Semiconductor manufacturing is set to receive a boost in Michigan and across the country following the passage of the CHIPS and Science Act.

The legislation, which Congress passed last week, will pump $52 billion in incentives to increase domestic production of semiconductors and microchips that are used in many electronic devices – including vehicles. The auto industry has been disproportionately impacted by chip shortages – with most of the semiconductors being manufactured in Southeast Asia.

Joining remotely on Tuesday at a media event at Hemlock Semiconductor near Saginaw, President Joe Biden said the CHIPS Act will help spur innovation and job creation.

“This bill makes it clear the world’s leading innovation will happen in America,” Biden said. “We will both invent in America and make it in America. We’re going to make sure we include all Americans, including rural and urban communities right here in the industrial Midwest.”