![Billions Start Flowing to Chip Makers For New U.S. Factories Billions Start Flowing to Chip Makers For New U.S. Factories](https://morningtopnews.com/wp-content/uploads/2024/02/1708352988_medium.jpeg)
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The Biden administration is pledging $1.5 billion in grants to GlobalFoundries in the first major award to revitalize the domestic semiconductor industry.
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The Biden administration is pledging $1.5 billion in grants to GlobalFoundries in the first major award to revitalize the domestic semiconductor industry.
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