Monday, August 1, 2022

The US CHIPS Act's financial aid is unlikely to cover all giant projects, meaning the Department of Commerce will face difficult choices in who gets the money (Richard Waters/Financial Times)

Richard Waters / Financial Times:
The US CHIPS Act's financial aid is unlikely to cover all giant projects, meaning the Department of Commerce will face difficult choices in who gets the money  —  The long wait for legislation to boost the US's position in global semiconductor manufacturing is almost over.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...