Trump administration lays off a third of US CHIPS Act office staff – report

US sanctions on the production of Chinese microchips. Prohibition of Chinese microelectronics and communication systems.

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About one-third of the employees in the U.S. Commerce Department overseeing the $39B CHIPS Act aid for chip manufacturers were laid off this week, Reuters reported, citing people with knowledge of the matter.

On Monday, about 40 staff members were laid

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