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America invented semiconductors – those tiny computer chips that power almost everything in our lives, from cell phones to cars to refrigerators to defense systems. But over time, we went from producing nearly 40% of the world’s chips to just under 10% and none of the most advanced ones – undermining our national security and making our economy vulnerable to supply chain disruptions. President Biden signed the CHIPS and Science Act to change that. Since he took office, companies have announced o
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