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Before the end of Biden's term, efforts are being made to finalize the chip bill agreement, and HP Inc (HPQ.US) received $53 million in direct financing.
As part of the USA CHIPS Act, HP Inc (HPQ.US) has won up to 53 million USD in direct funding to support next-generation technologies and the domestic manufacturing of the "lab-to-fab" ecosystem.
Express News | Biden unveils the latest round of AI chip curbs aimed at China and Russia. Nvidia, ASML, and TSMC fall more than 2%.
Nvidia Says New Chip Rule 'Will Derail AI Progress for Industries'
Express News | US tightens its grip on AI chip flows across the globe
Trending Stocks Today | Agape ATP Surges 86.5% Pre-Market
Express News | Semiconductor sector declines, with Nvidia, ASML, and TSMC falling more than 2%, Micron Technology dropping nearly 2%, and Qualcomm declining over 1%
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