HENRICO, V.A. — U.S. Representative Abigail Spanberger today released the following statement after President Joe Biden signed into law the bipartisan CHIPS and Science Act to strengthen America’s semiconductor research, development, and production.
“For those of us in the House and the Senate who are focused on boosting innovation, increasing manufacturing capacity, and lowering costs for Americans, today is a long-awaited day. Right here at home, our Commonwealth is ready to support increased manufacturing, research, and development of semiconductors. The robust investments in the CHIPS and Science Act will push companies to expand their operations and build new plants here in Virginia and across America.
“Shortages of semiconductor chips have impacted nearly every segment of our economy. With this bill becoming law, we can now begin to bring new manufacturing jobs to our Commonwealth and our country, shore up homegrown production of these chips, and prevent future shortages of the many day-to-day goods they power — including cars, computers, farm equipment, cell phones, and common household appliances.
“When we make investments in American manufacturing, we reduce our dependence on foreign-made semiconductors and increase our competitiveness with other nations — like China. As the Chinese Communist Party continues to challenge the United States, the investments that have moved across the finish line today will allow American innovation to continue to set an example for the rest of the world.”
Last month, Spanberger voted with a bipartisan majority of the U.S. House to send the bipartisan legislation to the President’s desk after pressing House leadership for an immediate vote following U.S. Senate passage.
Earlier this year, Spanberger and U.S. Senator Mark Warner (D-VA) led the Virginia congressional delegation in calling on the U.S. Department of Commerce to consider Virginia for future locations of major semiconductor production and research facilities made possible through investments in the CHIPS for America Act.