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Article Summary
- Washington is cutting funding for Intel's chip grant program
- This decision comes after the program faced a series of setbacks
- The chip grant program was intended to boost domestic semiconductor manufacturing
- The reduction in funding may impact Intel's plans for expansion and innovation
- The article takes a critical tone towards Washington's decision to curtail the chip grant program
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Washington Curtails Intels Chip Grant After Stumbles
The Biden administration plans to reduce Intels preliminary $8.5 billion federal CHIPS grant, a move that follows the California-based companys investment delays and broader business struggles, the New York Times […]
https://politicalwire.com/2024/11/25/washington-cu...
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