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President Joe Biden Signs H.R. 4346 The CHIPS and Science Act of 2022 on South Lawn

President Joe Biden speaks during a ceremony before signing of H.R. 4346, The CHIPS and Science Act of 2022, which will subsidize domestic semiconductor manufacturing an invest billions in science and technology innovation, on the South Lawn of the White House in Washington, DC on Tuesday, August 9, 2022. Photo by Bonnie Cash/UPI

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