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Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at a price range of ~$19.40 to ~$21.20 per share (Shivangi Lahiri/Reuters)

Shivangi Lahiri / Reuters : Filing: Chinese AI startup MiniMax seeks to raise up to ~$538.5M in a Hong Kong IPO, offering 25.4M shares at ...

9 July 2024

The Biden administration says it will direct up to $1.6B in CHIPS Act funding towards R&D to accelerate domestic capacity for advanced chip packaging (Don Clark/New York Times)

Don Clark / New York Times:
The Biden administration says it will direct up to $1.6B in CHIPS Act funding towards R&D to accelerate domestic capacity for advanced chip packaging  —  The proposed funding, part of the CHIPS Act, is intended to stoke chip packaging, a process that helps drive progress in semiconductors but that takes place mostly in Asia.

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