US signs letters of intent worth $874 million to boost semiconductor research

Source: Biztoc.com· finance.yahoo.com· July 30, 2026
US signs letters of intent worth $874 million to boost semiconductor research

The U.S. Department of Commerce said on Tuesday it has signed letters of intent to provide $874 million in incentives to seven companies developing semiconductor technologies for AI and advanced computing systems. The funding, to be issued under the CHIPS and…

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