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US to announce billions in subsidies for advanced chips -WSJ

The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power smartphones, artificial intelligence, and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations. The executives expect some announcements to come before Biden's State of the Union address on March 7, according to the report.

US to announce billions in subsidies for advanced chips- WSJ

The forthcoming announcements are aimed at kick-starting manufacturing of advanced semiconductors that power smartphones, artificial intelligence and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations. The executives expect some announcements to come before U.S. President Joe Biden's State of the Union address on March 7, the WSJ report added.

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