this post was submitted on 28 Jan 2024
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150
Biden Expected to Announce Billions in Chip Subsidies, WSJ Says (www.bloomberg.com)
submitted 9 months ago by [email protected] to c/[email protected]
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Biden Expected to Announce Billions in Chip Subsidies, WSJ Says::The Biden administration is expected to soon announce billions of dollars in new subsidies to chipmakers including Intel Corp. and Taiwan Semiconductor Manufacturing as part efforts to reshore production, the Wall Street Journal reported.

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[–] [email protected] 8 points 9 months ago

Can't they fund a new company? Chip manufacturing is a bit too monopolistic