Senate passes bill to boost U.S. chip production and China competition, sending to House

The Senate on Wednesday passed bipartisan legislation aimed to help the U.S. compete with China by injecting tens of billions of dollars into the domestic production of semiconductor chips.

The bill, known as the CHIPS-plus or

Act, passed in a 64-33 vote. It will now head to the House, where lawmakers hope to pass it and send it to the White House for President Joe Biden’s signature before Congress leaves town in early…