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U.S. Awards Chip Supplier $162 Million to Bolster Critical Industries

Por: The New York Times Business January 04, 2024

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The Biden administration on Thursday announced plans to provide $162 million in federal grants to Microchip Technology, an Arizona-based semiconductor company that supplies the automotive, defense and other industries.The agreement is the second award announced under intended to help ensure that American companies that rely on semiconductors have a stable supply. Last month, the Biden administration announced for BAE Systems, a defense... + full article



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