More than a year after President Biden signed the CHIPS and Science Act into law, the Commerce Department is pushing to get billions of dollars in semiconductor manufacturing and research incentives out the door. But the government is set to run out of money Nov. 17, and a potential shutdown which could slow down…
For years the titans of finance have argued Wall Street could spend money more efficiently than the government can. Now a handful of bankers will get the chance to see if they re right.
Ex-Wall Streeters Help Washington Divvy Up $100 Billion to Win the Global Chip Race bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The team aims to use the cash to lure the biggest chipmakers and suppliers to build a string of new factories here, reversing a decades-long shift of their production to East Asia that Washington worries has left America vulnerable.
Companies getting chip funds face limits columbian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbian.com Daily Mail and Mail on Sunday newspapers.