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US finalizes rules to prevent China from benefiting from $52 bln in chips funding

US finalizes rules to prevent China from benefiting from $52 bln in chips funding::The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used by China and other countries deemed to pose American national security concerns.

Mr_Blott ,

Would be interested to see which companies are set to benefit from all this public money and how much their CEOs get paid next year 🤔

NeoNachtwaechter ,

Always funny to see how the Usa’s so called national security is spelled M-O-N-E-Y.

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