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❗️ U.S. Doubles Down on Domestic Chip Manufacturing With Massive CHIPS Act Grants The U.S. government is making a massive push to boost domestic semiconductor production through the CHIPS Act. Tech giants like Intel ($8.5B), TSMC ($6.6B), Samsung ($6.4B), and Micron ($6.1B) are receiving billions in grants to construct new chip fabrication plants across states such as Arizona, Ohio, and New York. These grants are part of the CHIP Act’s $280-billion funding to reduce reliance on foreign chip makers. 🐦 For startup founders in the semiconductor and electronics space, these investments signal potential opportunities in an increasingly self-sufficient U.S. chip ecosystem. Keeping a close eye on emerging domestic supply chains and partnerships could uncover profitable prospects.
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