Advertisement
Australia markets open in 1 hour 48 minutes
  • ALL ORDS

    8,112.80
    +38.50 (+0.48%)
     
  • AUD/USD

    0.6613
    +0.0028 (+0.43%)
     
  • ASX 200

    7,860.00
    +38.20 (+0.49%)
     
  • OIL

    78.11
    +0.37 (+0.48%)
     
  • GOLD

    2,328.00
    +1.00 (+0.04%)
     
  • Bitcoin AUD

    105,097.12
    -315.22 (-0.30%)
     
  • CMC Crypto 200

    1,443.70
    -2.97 (-0.21%)
     

Chip Factory Backed by Private Equity Gets $200 Million in Government Grants

Chip Factory Backed by Private Equity Gets $200 Million in Government Grants

The grants are the latest under the Biden administration’s 2022 Chips Act, which aims to boost jobs and domestic chip supplies by funding U.S. factories.