3 December 2024

Sources: Microchip Technology is pausing its application for $162M in CHIPS Act grants, as it plans to close a factory in Arizona, affecting ~500 employees (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg:
Sources: Microchip Technology is pausing its application for $162M in CHIPS Act grants, as it plans to close a factory in Arizona, affecting ~500 employees  —  - It had been in line to get $162 million in grants from program  — Company announced on Monday it will shut down Arizona plant

Posted from: this blog via Microsoft Power Automate.

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