Governor issues statement on semiconductor legislation

Governor Greg Abbott today issued a statement commending the United States Congress for passing the CHIPS Act of 2022 to promote the research, development, and fabrication of semiconductors within Texas and the United States. “Texas is a beacon of innovation and has remained the nation’s leading exporter of semiconductors and other electronic components for eleven years in a row. The passage of the CHIPS Act of 2022 will leverage Texas’ investments in the semiconductor industry and encourage more semiconductor-related companies to operate in the Lone Star State.