The Biden administration awards $238M via the Defense Department to set up eight chip research hubs, one of the earliest releases of the nearly $53B CHIPS Act (Ana Swanson/New York Times)

[ad_1]

Ana Swanson / New York Occasions:

The Biden administration awards $238M through the Protection Division to arrange eight chip analysis hubs, one of many earliest releases of the practically $53B CHIPS Act  —  The $238 million in grants will arrange eight analysis hubs, as a small slice of the federal cash that can go to chip corporations and analysis services within the coming months.