U.S. Commerce Secretary Gina Raimondo. Photo: Department of Commerce
By Cal Biesecker |
@calvinb21
11 months ago |
01/04/2024

The Biden administration on Thursday said the Department of Commerce has agreed to preliminary terms with Microchip Technology Inc. [MCHP] to provide $162 million in federal incentives to boost the company’s domestic production of microcontroller chips used in…

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