Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US

WILMINGTON, Del. (AP) — The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time. Commerce Secretary Gina Raimondo said the funding for Taiwan … Read more