Chipmakers Vexed as US Delays Funds for CHIPS Act

Chipmakers are getting increasingly frustrated as US politicians argue over the allocation of funds in the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act, Nikkei Asia reported.

The Act aims to subsidize the production of semiconductors in the US but the legislation has been hanging as politicians debate why a well-funded sector needs government aid, the report added.

Read the full report: Nikkei Asia.

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Tags: Chip Shortage

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.