The Commerce Dept. signed letters of intent for $874M in CHIPS Act funding in exchange for minority stakes in GlobalFoundries, Kepler, and five other companies (Miranda Nazzaro/The Hill)

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Miranda Nazzaro / The Hill:
The Commerce Dept. signed letters of intent for $874M in CHIPS Act funding in exchange for minority stakes in GlobalFoundries, Kepler, and five other companies  —  The Department of Commerce quietly announced this week it will designate more than $870 million in federal incentives …

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