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The AI boom is driving coordinated innovation in the US as it builds fabs and energy infrastructure that could have lasting value even if the bubble bursts (Ben Thompson/Stratechery)

Ben Thompson / Stratechery : The AI boom is driving coordinated innovation in the US as it builds fabs and energy infrastructure that cou...

1 August 2024

Sources: Commerce Department officials inform Applied Materials that the company's planned $4B Silicon Valley R&D facility doesn't qualify for CHIPS Act grants (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg:
Sources: Commerce Department officials inform Applied Materials that the company's planned $4B Silicon Valley R&D facility doesn't qualify for CHIPS Act grants  —  - Company had hoped to use the money for research center  — US officials have disagreed over how to approach chip R&D

Posted from: this blog via Microsoft Power Automate.

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