CHIPS are Down: DoD Awards $240M to Build 8 Tech Hubs, Official Warns Shutdown Would Be ‘Crushing’

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The Pentagon today announced the first set of awards under the CHIPS Act totaling $240 million to build eight regional innovation hubs through its Microelectronics Commons initiative— one day after the US Secretary of Commerce warned that any progress being made would “come to a grinding halt” under a government shutdown.

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