Biden Govt Cuts Funding for Domestic Chip Makers, Aiding China Just Before Trump’s Arrival
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Biden Govt Cuts Funding for Domestic Chip Makers, Aiding China Just Before Trump’s Arrival

by William Upton, The National Pulse: The Biden-Harris government is pulling back promised investments under the CHIPS and Science Act due to canceled projects by major technology companies, like Intel, following significant market losses. Intel is seeing the deepest cuts as it was the top beneficiary of the legislation, qualifying for $8.5 billion in grants and up to $11 […]