US Congress Passes Bill To Boost Domestic Chip Production, Compete With China
President's desk next stop for CHIPS Act
Executive Summary
In a bipartisan vote, the US Congress passed legislation that allocates billions of dollars to domestic manufacturers of semiconductor chips – essential components in a myriad of products, including many medical devices.
You may also be interested in...
AdvaMed Urges Biden Administration To Use CHIPS To Prioritize Patient Care
Now that the CHIPS and Science Act is law, AdvaMed wants the Biden administration to use it to ensure device makers get the semiconductor chips they need for their products while preventing the US from facing another shortage of the essential components, as experienced during the pandemic.
Survey: Semiconductor Shortage A Change Maker At Medtech Companies
New survey data show manufacturers are seeking out alternate suppliers and new validation techniques to ensure a steady supply of the essential chips.
Temporary Stent To Treat Prostate Enlargement Gets FDA Greenlight
The US FDA has approved a temporary prostatic stent from SRS Medical Systems that allows urine to flow through the urethra when it is blocked by an enlarged prostate.