When the Bloomberg Innovation Index debuted in 2013, the U.S. ranked first among 50 countries.  In the latest index, the U.S. has fallen to 11th place.  The CHIPS and Science Act of 2022 will usher in a new era of exploration and innovation across the U.S. and help the U.S. win the 21st century.  Lawmakers from both parties agree:

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The CHIPS and Science Act will increase the domestic production of semiconductors, invest in regional technology hubs across the country, and enhance STEM education and high-tech workforce training programs.  The bill will power the U.S. economy forward and counters investments being made by our foreign rivals, including China.  The tech industry is leading the charge and driving the implementation of the CHIPS and Science Act of 2022.  Learn more in this week’s Tech At Work.

Tech is Increasing the Domestic Production of Semiconductors 

Samsung expands semiconductor manufacturing in Texas

Take a look inside the lab where Amazon Web Services makes custom chips

HPE: The Chips and Science Act will enable more advancements in supercomputing

Tech is Spreading Opportunity and Investing in Communities Across the Country 

Steve Case, TechNet Executive Council Member and Chairman and CEO of Revolution, discusses how tomorrow’s most influential companies will not Start in Silicon Valley or New York City

Pittsburgh ranks in the top five for emerging startup ecosystems thanks to TechNet members Aurora, Argo AI, Motional, and Waymo

Meta expands Ohio Data Center, creating hundreds of new jobs

Indeed launches $50M Small Business Hiring Fund

Samsung Semiconductor to hire thousands of workers

Apple invests $430 billion, adding 20,000 new jobs across the country over the next five years

Google invests $7 billion in office space and data centers, creating 10,000 jobs across 19 states

Tech is Enhancing STEM Education and High-Tech Workforce Programs

TechNet, dozens of our Members, and 500+ business, education, and nonprofit leaders urge lawmakers to update the K-12 curriculum so every student in every school can learn computer science

Coursera helps expand opportunities through new online courses and degrees in business and tech

GM’s Electrifying Engineering STEM videos and projects will inspire future electric vehicle leaders

Salesforce announces Pathfinder Training Program to empower the workforce of the future

AT&T advances representation of women in STEM

Cisco’s STEM programs help train an inclusive future workforce

Verizon: All children should have access to technology and a quality STEM education

Airbnb employees can live and work anywhere

FWD.us research shows retaining U.S. international student graduates could add up to $233 billion to the U.S. economy this decade, reduce STEM-related talent shortages by a quarter

TechNet Supported the Passage of the CHIPS and Science Act Every Step of the Way

In the 116th Congress, TechNet was quick to endorse the Endless Frontier Act, which served as the foundation for the CHIPS and Science Act.

TechNet applauded the Senate passage of USICA in 2021, and the introduction and passage of the America COMPETES Act in the House of Representatives earlier this year.

As the Senate considered moving forward with funding for domestic semiconductor production only, TechNet encouraged the Senate to include provisions like regional technology hubs and enhanced STEM education programs. 

TechNet ran a six-figure advertising campaign in West Virginia, Mississippi, Indiana, Ohio, and Idaho urging Congress to pass an innovation and global competitiveness package.

TechNet applauded the Senate passage, the House passage, and the President signing the CHIPS and Science Act into law, which included many of the provisions for which TechNet fought.

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