Chipmakers doubled lobbying spending in CHIPS Act push

The Hill

Center

High Factuality

Media Conglomerate: Nexstar Media Group

Chipmakers doubled lobbying spending in CHIPS Act push

Intel Corp. and Micron Technology hiked their lobbying spending to record levels as they pushed Congress to approve billions of dollars in new subsidies. The CHIPS and Science Act, signed into law in August, provides chipmakers with $78 billion in grants and tax breaks to manufacture semiconductors in the U.S. in an effort to lessen…