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The CHIPS Act was the bailout; this is just replacing the previous profit sharing with equity.
by wmf 1y ago
The CHIPS Act was the bailout; this is just replacing the previous profit sharing with equity.
- tester756 1y agoIt was very messy bailout then
- anon291 1y agoCHIPS act is a grant similar to a small business grant, not a bailout at all. It was intended to incentivize chip production in the United States and was available to any company manufacturing in the united states. It had no equity strings attached, as authorized by congress.