Biden administration moves to stop China and Russia from using US chips funding

The Commerce Department’s proposed guidelines say firms can’t use the funds for projects outside the US or to build semiconductor manufacturing facilities in ‘foreign entities of concern’.

Related Keywords

Gina Raimondo ,Reuters ,Commerce Gina Raimondo ,White House ,Chips And Science Act ,Chips Funding ,China ,Russia ,Commerce Department ,Foreign Entities Of Concern ,Guardrails ,