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The collaboration will take place as part of the US CHIPS Act, a 2022 law that created a $500 million fund for developing the semiconductor supply chain through initiatives with allies and partners. ....
Key initiatives are said to include tax incentives, industry grants, and collaboration with private firms like FPT, the largest information technology service company in Vietnam. Big players such as Nvidia and Samsung have already shown interest in expanding operations in Vietnam. ....
Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications. ....
Companies such as Nvidia, Intel and Qualcomm have warned that a US pullback could accelerate China s development of an independent chip industry, paving the way to a world dominated by Chinese-created chips rather than American-designed chips. ....