The US the EU Japan and India have committed over $100B combined for chip subsidies as chipmakers argue costs have risen due to inflation and tech advances (Bloomberg)

Bloomberg:
The US, the EU, Japan, and India have committed over $100B combined for chip subsidies, as chipmakers argue costs have risen due to inflation and tech advances  —  The global race to build domestic factories and sever dependency on overseas suppliers for these critical components is spurring a spending boom …