PALO ALTO, California, July 27, 2022 – HP applauds the U.S. Congress and the Biden Administration for finding common ground and passing the CHIPS bill. Investing in the future of America's innovation and domestic capabilities is critical to the U.S. economy, national security, and supply chain resilience. This bill will bolster America’s research and technology leadership, support workforce development and domestic manufacturing, and strengthen supply chains in key areas that are vital to the U.S. economy.