GlobalWafers has received $200 million from CHIPS Act for US projects
Balazs Barabas
TAIPEI :Taiwan-based Sino-American Silicon Products said on Friday its subsidiary GlobalWafers received just over $200 million from the U.S. CHIPS Act in June, about half of a grant the major silicon wafer supplier secured last year. The funding was part of a $406 million award announced last December by the former Biden administration for the company's projects in Texas and Missouri to significantly expand U.S. silicon wafer production. President Donald Trump’s administration had cast some
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