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US to invest more than $5 billion in semiconductor R&D

US to invest more than $5 billion in semiconductor R&D

Technology

US to invest more than $5 billion in semiconductor R&D

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(Reuters) - The Biden administration expects to invest more than $5 billion from the CHIPS and Science Act in semiconductor-related research and development, including in the National Semiconductor Technology Center, the White House said in a statement on Friday.