The Biden administration has declared a funding of $162 million to enhance the production capacity of computer chip factories located in Colorado and Oregon.
The US government has allocated $162 million to Microchip Technology in order to assist in the production of computer chips within the country. This is the second funding announcement in relation to a 2022 law aimed at revitalizing semiconductor manufacturing in the US. According to the Commerce Department, the incentives declared on Thursday consist of
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