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The US Commerce Department releases its plan for the $50B CHIPS Act: $28B for grants and loans, $10B for expanded manufacturing, and $11B for R&D (Ana Swanson/New York Times)

Ana Swanson / New York Times:
The US Commerce Department releases its plan for the $50B CHIPS Act: $28B for grants and loans, $10B for expanded manufacturing, and $11B for R&D  —  The Commerce Department issued guidelines for companies angling to receive federal funding aimed at bolstering the domestic semiconductor industry.

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