US government seeking a CHIPS Act 2.0 to properly fund domestic semiconductor industry [TechSpot]

Speaking at Intel’s recent foundry event, United States Secretary of Commerce (SecCom) Gina Raimondo said that federal subsidies are essential for the US to become a new world power in microchip technology. Bloomberg notes that the SecCom believes the US likely needs to prepare a second CHIPS Act to keep…Read Entire Article