Commerce Department hopes to plug $3bn CHIPS Act shortfall through sale of licensed spectrum
Funding gap arose after Defense Department reneged on $2.5bn military contract with Intel
Funding gap arose after Defense Department reneged on $2.5bn military contract with Intel
Investment will allow company to double production in two years
Secretary of Commerce Gina Raimondo was asked about consequences at a committee hearing
Move comes after US politicians were angered by Intel chips found in Huawei laptop
Ten research facilities and universities have acquired the sanctioned chips through domestic resellers
The facilities will be split across the cities of Taylor and Austin
Department of Commerce investigating alleged sanctions breach
Probe relates to inclusion of 7nm chips in Huawei Mate 60 Pro phone
Company is also a cloud provider in China
And a new website is launched to help companies get funding
Supply chain is fragile, and relief is months to years away
Blocking investment in the world's third-largest server manufacturer
Yet another blow to Huawei as SMIC gets targeted by the DoD
Must be capable of 15kW/rack
Citing national security risk around firm that allegedly stole IP off of Micron