President Biden signs the bipartisan CHIPS and Science Act

President Biden signs the CHIPS and Science Act of 2022 on the South Lawn of the White House.
(Photo/Mandel NganGetty Images)

By Karen Stokes

President Joe Biden signed the CHIPS and Science Act into law on Tuesday, enshrining the $280 billion package into law that includes $52 billion in funding to boost U.S. semiconductor manufacturing.

“The future is going to be made in America,” Biden said at the White House signing, calling the law “a unique investment in America itself.”

The CHIPS and Science Act stands for Creating Helpful Incentives to Produce Semiconductors for America Act.

The CHIPS and Science Act will boost research, development and production of American semiconductors, ensuring American leadership in the technology that forms the basis of everything from automobiles to appliances to defense systems, according to the House White.

Joshua Aviv,
Founder and CEO of SparkCharge. (Photo/Joshua Aviv)

Joshua Aviv, Founder and CEO of SparkCharge introduced the President at the signing. Joshua founded SparkCharge in 2014, a portable electric vehicle charger that allows e-vehicle owners to charge their car anytime, anywhere.

Josh received a $1,000,000 investment from Mark Cuban and Lori Greiner in the Shark Tank TV show for SparkCharge.

“Making these chips in America will be a game-changer,” Aviv said.

Aviv has worked as an entrepreneur for several organizations, including 43North, Startupfest, Pug and Play Tech Center, and FuzeHub.

Aviv holds a Bachelor of Arts in Economics and a Master of Science in Information Management and a CAS in Data Science from Syracuse University.

The signing brought together the chief executives of Micron, Intel, Lockheed Martin, HP and Advanced Micro Devices, along with cabinet officials and leaders from the auto industry and labor unions, including United Auto Workers President Ray Curry. said the White House.

“Today is a day for builders. Today America keeps its promises and I sincerely believe that in 50, 75, 100 years, people who look back on this week will know that we met in this moment there,” Biden said before signing the CHIPS and Science Act.

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