At SOTU Biden Touts Record of Tech Investments

President uses State of the Union to highlight broadband, chips funding

Mar 7, 2024

On Thursday, President Biden gave his State of the Union address, using his speech to highlight historic investments in broadband internet access and passage of the CHIPS and Science Act. The President’s Bipartisan Infrastructure Law designated $65 billion to improve high-speed Internet access for people across America. The Chips and Science Act made a $53 billion investment in U.S. semiconductor manufacturing, research, and development, with companies announcing over $166 billion in commitments to semiconductor and electronics manufacturing since the bill’s passage.

“At the end of four years, what’s going to stand out about President Biden’s legacy on tech is his commitment to making sure the benefits of innovation are available to all Americans,” said Chamber of Progress CEO Adam Kovacevich. “During his first term, Biden has done more to make broadband internet affordable than any of his predecessors, and he’s put domestic semiconductor manufacturing at the center of his economic agenda. That’s the record he’s going to run on in this year’s election.”


Chamber of Progress ( is a center-left tech industry policy coalition promoting technology’s progressive future.  We work to ensure that all Americans benefit from technological leaps, and that the tech industry operates responsibly and fairly.  

Our corporate partners do not have a vote on or veto over our positions. We do not speak for individual partner companies and remain true to our stated principles even when our partners disagree.