Mackenzie Hawkins / Bloomberg:

Sources: Microchip Technology is pausing its application for $162M in CHIPS Act grants, as it plans to close a factory in Arizona, affecting ~500 employees  —  - It had been in line to get $162 million in grants from program  — Company announced on Monday it will shut down Arizona plant

Mackenzie Hawkins / Bloomberg:

Sources: Microchip Technology is pausing its application for $162M in CHIPS Act grants, as it plans to close a factory in Arizona, affecting ~500 employees  —  - It had been in line to get $162 million in grants from program  — Company announced on Monday it will shut down Arizona plant

Source: TechMeme
Source Link: http://www.techmeme.com/241203/p32#a241203p32