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Treasury will re-propose the rule to focus only on foreign companies, a significant reduction in the law’s scope.

CHIPS treatment for AI, quantum and biotech?

Congress needs to ensure U.S. leadership in a range of advanced technologies besides semiconductors, and the failure to do so will risk the United States’ economic and national security.

That’s what Deputy Commerce Secretary Don Graves told us Friday as he prepares to leave government with the new Trump administration set to take power Jan. 20.

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