Chipmaking CEOs Say They Need Long-Delayed CHIPS Act Funding to Save U.S. Chip Manufacturing. But it Won’t Work.

7/13/2022

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Fortune -- The CHIPS Act is the center of Washington’s attention. Chipmakers, from Intel Corporation to Taiwan Semiconductor Manufacturing Corporation, are not-so-subtly implying that their multi-billion-dollar projects are at risk if Congress doesn’t approve the $52 billion in subsidies they promised last year.