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CHIPS Act leaves chipmakers facing choice between U.S. and China

Bill's funding comes with overseas investment restrictions attached

President Joe Biden is set to sign the $280 billion CHIPS and Science Act into law, providing financial support for chip companies that invest in the U.S. semiconductor industry.    © AP

TAIPEI/PALO ALTO, U.S. -- Chipmakers are cheering Washington's long-awaited passage of a bill to provide funding for the U.S. semiconductor industry, but accepting those subsidies could tie their hands when it comes to future investments in China.

Is it a price that the likes of Intel, TSMC and Samsung will be willing to pay?

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