US Secretary of Commerce pick says he plans to stay on course with CHIPS Act: report

Flag of USA on a processor, CPU Central processing Unit or GPU microchip on a motherboard. Congress passes the CHIPS Act of 2022 to strengthen domestic semiconductor manufacturing, research and design.

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With the Biden Administration poised to hand off the CHIPS Act torch to President-elect Donald Trump’s team next week, the pick for the new U.S. Secretary of Commerce has indicated he plans to stay the course, according to a report today by Bloomberg.

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