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U.S. Chip Grants Get Uncertain as Lutnick Aims for Larger Investments

Moomoo 24/7 ·  Apr 1 02:51

According to individuals familiar with the situation, Commerce Secretary Howard Lutnick has indicated that he might delay the promised grants from the Chips Act.

This move is part of his effort to urge companies eligible for federal semiconductor subsidies to significantly increase the scale of their U.S. projects.

(Bloomberg)

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