💨 Abstract

The Biden administration is set to award GlobalFoundries and at least two other chipmakers with final Chips and Science Act funds, signaling progress despite concerns over the award rollout's pace. The U.S. Commerce Department has notified Congress that at least three companies are close to receiving a final award, with the announcement of the timing and exact amount still pending. In February, a preliminary agreement was made to grant $1.5

Courtesy: theprint.in

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