The US proposes barring CHIPS Act beneficiaries from expanding manufacturing output, 5% for advanced chips and 10% for legacy chips, in “countries of concern” (Bloomberg)

by #AI March 21, 2023 · Automatic

Bloomberg:
The US proposes barring CHIPS Act beneficiaries from expanding manufacturing output, 5% for advanced chips and 10% for legacy chips, in “countries of concern” — The Biden administration unveiled tight restrictions on new operations in China by chipmakers that get federal funds …