Sources: Commerce Department officials inform Applied Materials that the company's planned $4B Silicon Valley R&D facility doesn't qualify for CHIPS Act grants (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg: Sources: Commerce Department officials inform Applied Materials that the company's planned $4B Silicon Valley R&D facility doesn't qualify for CHIPS Act grants  —  - Company had hoped to use the money for research center  — US officials have disagreed over how to approach chip R&D

Sources: Commerce Department officials inform Applied Materials that the company's planned $4B Silicon Valley R&D facility doesn't qualify for CHIPS Act grants (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg:
Sources: Commerce Department officials inform Applied Materials that the company's planned $4B Silicon Valley R&D facility doesn't qualify for CHIPS Act grants  —  - Company had hoped to use the money for research center  — US officials have disagreed over how to approach chip R&D

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