4min chapter

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Eight Months In, What Is Happening With Biden's CHIPS Act?

Odd Lots

CHAPTER

The Tension in the Semiconductor Industry

There is no restriction on stock buybacks in our funding opportunity. There's a provision in the law that says, the money we give companies can't be used for stock buybacks. So there's not much of a trade-off there. We have also said that we will favor applications that want to make long-term investments in R&D and manufacturing.

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