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Looming shutdown sparks worries about CHIPS funding rollout

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…

Investors to divvy up U S chip funds

Ex-Wall Streeters Help Washington Divvy Up $100 Billion to Win the Global Chip Race

Ex-Wall Streeters Help Washington Divvy Up $100 Billion to Win the Global Chip Race
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Ex-Wall Streeters help Washington divvy up $100 billion to win the global chip race

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

Companies getting chip funds face limits
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