Editorial: Despite layoffs, tech industry’s long-term future looks bright

December 17, 2022 at 5:30 a.m.

As much as the investment is a game-changer for chip companies and the firms they supply, it’s the $100 billion National Science Foundation funding that likely will have the bigger impact on the tech industry’s long-term future. Two weeks later, Democrats and Republicans collaborated again on the Inflation Reduction Act, providing more than $30 billion to advance manufacturing of solar panels and components, wind turbines, power inverters and batteries for electric vehicles.

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