For Chip Makers, a Choice Between the U.S. and China Looms

Washington seeks to steer the semiconductor supply chain using ‘guardrails’ under the Chips Act

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WASHINGTON—Semiconductor companies seeking federal grants under the Chips Act could face a tough decision: take Washington’s help to expand in the U.S., or preserve their ability to expand in China. 

The Biden administration last week proposed new rules detailing restrictions chip companies would face on operations in China and other countries of concern if the companies accept taxpayer funding. 

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