this post was submitted on 31 Oct 2024
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How much is the taxpayer putting up?
Are they going to get equity stake for this "investment"?
Literally the first line says the Biden Administration is giving them $825 million.
Wait... US government paying for the entire thing?
https://www.nytimes.com/2023/04/25/business/economy/chips-commerce-department.html
Yes, this article explains it slightly better...