Tuesday, February 21, 2023

Chinese city pours $29 billion to build chips as India, US eye semiconductor dominance

Guangzhou's Industry Investment Fund of Funds (FoF) will focus on activities involving semiconductors, renewable energy and advanced manufacturing, reports the South China Morning Post. https://ift.tt/3vL0c64
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Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who ...