Commerce Dept. quietly announces 7 new equity stakes in private companies ...Middle East

The Department of Commerce quietly announced this week it will designate more than $870 million in federal incentives for semiconductor manufacturing in exchange for a minority equity stake in seven companies. In a blog post Wednesday, the National Institute of Standards and Technology (NIST) said Commerce's CHIP Research and Development Office signed letters of intent...

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Last updated : 30 July 2026 clock 09:35 PM

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Commerce Dept. quietly announces 7 new equity stakes in private companies ...Middle East

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