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Gov. Greg Abbott will hold a press conference today on the proposed Texas CHIPS Act. The act would create the Texas Semiconductor Innovation Consortium and Fund, which Abbott's office says would leverage the state's efforts to win semiconductor chip projects and increase the industry's prevalence across Texas. Joining Abbott for the presser in Austin are State Senator Joan Huffman of Houston and state Rep. Greg Bonnen of Friendswood, Republicans who have written legislation for the act in their respective chambers.