Biden touts progress of CHIPS Act one year later amid talent gap concerns

Over 460 companies have expressed interest in the $52.7 billion CHIPS Act funding to boost domestic semiconductor manufacturing.
Major investments by chipmakers are contingent on receiving CHIPS Act funds, but no money has been awarded yet.
The chip industry projects significant growth, but faces a talent gap with not enough qualified workers.
At least 50 community colleges are launching semiconductor job training programs to help fill positions.
Biden vows the CHIPS Act will secure supply chains and make the U.S. the top global chip producer.