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How idled car factories supercharged a push for U.S. chip subsidies
When President Joe Biden on Wednesday stood at a lectern holding a microchip and pledged to support $37 billion in federal subsidies for American semiconductor manufacturing, it marked a political breakthrough that happened much more quickly than industry insiders had expected.
Source: https://www.autoblog.com/2021/02/27/auto-chip-white-house-subsidies/
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