Let the government subsidy sweepstakes begin! U.S. lawmakers, after realizing that decades of outsourcing and offshoring microchip manufacturing overseas was a bad long term strategy, approved $52 billion in new grants and $24 billion worth of tax breaks for companies to build chip facilities and develop more advanced chip technologies on U.S. soil. The money will be doled by separately the...
semiconductors
U.S. Passes $52 Billion in Chip Subsidies to Boost Production, Counter China
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