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US government doles out paltry $35 million of the $52 billion CHIPS Act, warns of possible delays in Intel and TSMC fab buildouts (www.tomshardware.com)

submitted 2 years ago by yogthos@lemmygrad.ml to c/technology@lemmygrad.ml

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[–] ksynwa@lemmygrad.ml 6 points 2 years ago

Raimondo is concerned that these environmental permitting processes take a long time, which she fears could halt construction for years. This issue gained prominence after her request to exempt federally-funded chip projects from such reviews was rejected by House Republicans. As a result, major projects by companies including Intel, Micron, TSMC, and Samsung that cost tens of billions of dollars are at risk of being slowed down by these reviews.

Thank you comrade republicans