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.

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.

  • kaffiene@lemmy.worldEnglish
    2·
    10 months ago

    Always makes me laugh when the US pushes deregulation and small government on the rest of the world and then acts protectionist AF