Chipmakers warned: US CHIPS Act funds are not for stock buybacks (webmaster@theregister.co.uk (Dan Robinson)/The Register)

webmaster@theregister.co.uk (Dan Robinson) / The Register
Chipmakers warned: US CHIPS Act funds are not for stock buybacks – Plus:Rival countries line up similar incentives The US Commerce Department says it will strictly control use of subsidies under the recently passed CHIPS and Science Act, which promises to unlock billions of dollars in funding for domestic chip manufacturing. …

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