![](https://multichannelmerchant.com/wp-content/uploads/2022/08/semiconductor-chip-feature-300x159.jpg)
The CHIPS Act and Retail
The CHIPS act, which passed Congress in late July, sets aside $52B in subsidies and tax credits to boost domestic production and R&D, helping reduce our dependence on China’s semiconductor dominance. In this MCM CommerceChat podcast, Spencer Shute, a consultant at Proxima, helps us understand the importance for retail.