us commerce secretary gina raimondo: Chips firms seek double of $28 billion US subsidies available: commerce secretary Gina Raimondo
US commerce secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will get significantly less than they have sought, since the government received requests for more than double the $28 billion it plans to award.Raimondo said companies in leading edge chips manufacturing have requested more than $70 billion. She said the department is engaged in tough ongoing negotiations with individual companies.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian…