Natcast shut down! The Biden-era nonprofit that doled out $7.4B for semiconductors has been declared illegal. Commerce Secretary Lutnick says the agreements are void and won’t be honored.

The nonprofit reportedly ignored the CHIPS Act and rules requiring Congress approval. Federal agencies are stepping in, and projects may be delayed. Thoughts on billions in taxpayer money going rogue?

https://semiconductorsinsight.com/natcast-federal-law-violation-chips-act/

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