Arizona has benefitted under the Biden Administration's oversight of the CHIPS Act, landing large federal grants, corporate investments and R&D funds.

The Chinese Ministry of Commerce alleges that U.S. subsidies to semiconductor industry harm government-funded Chinese chipmakers.

China will launch an investigation into U.S. government subsidies to its semiconductor sector at the request of China's mature node chip industry, the commerce ministry said on Thursday. Unlike the cutting-edge chips used to power artificial intelligence,

China will initiate an investigation into the US government's subsidies for its semiconductor sector, alleging harm to Chinese mature node chipmakers, reported Reuters. Unlike advanced chips which are used in artificial intelligence (AI),

China will investigate allegations that the US dumps lower-end chips and unfairly subsidizes its own chipmakers, in potentially one of Beijing's strongest retaliatory moves against American technology sanctions.