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

Bill's funding comes with overseas investment restrictions attached

CHENG TING-FANG, LAULY LI and YIFAN YU, Nikkei staff writers

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.

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