US effort to curb China’s and Russia’s access to advanced computer chips ‘inadequate,’ report finds

WASHINGTON — The Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate’s Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the…

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Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

WASHINGTON — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its factory in Marcy, New York. Wolfspeed’s use of silicon carbide enables the computer…

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