US legislators have passed the US$52 billion Chips Act. However, some commentators have claimed what the US is doing is perhaps too little, too late.

With the US Congress passing the Chips and Science Act of 2022 on July 28, awaiting the US president Joe Biden to sign it into law, the global chips industry is far from having a...

The Senate on July 27 passed CHIPS and Science Act of 2022, bipartisan legislation in a vote of 64-33. A total of US$52.7 billion will be spent as a 5-year incentive for developing...