09
Aug
17:07
White House says CHIPS Act provides large incentives
The Biden Administration has outlined the impacts of the Creating Helpful Incentives to Produce Semi-Conductor for America Act (CHIPS), which has now passed both the US Senate and House of Representatives. The act’s passage was seen as a move to domesticate the supply chain for electric vehicle production by making semiconductors more widely accessible.
According to a White House factsheet, the CHIPS Act "provides $52.7 billion for American s…
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Anonymous
Very good overview of the weekly steel market.
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