Over 200 companies seek CHIPS Act funding
$50 billion in "national security" investment through the CHIPS Act will be doled out to applicant firms, Commerce Secretary Gina Raimondo told CNBC's Jim Cramer.More than 200 companies have applied for CHIPS funding.More than 200 companies from myriad sectors have applied for CHIPS Act funding, Commerce Secretary Gina Raimondo told CNBC's Jim Cramer on Friday, as part of what Raimondo called a mandate to invest "$50 billion in America's national security."The CHIPS Act was signed into law in August 2022, part of a sweeping package of investment designed to catapult...
