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Biden has $52 billion for semiconductors. Today, work begins to spend that windfall

President Biden holds a semiconductor chip in this 2021 file photo. The White House is working out how to spend $52 billion that Congress has provided to spur U.S. chip manufacturing plants. (AFP via Getty Images)
President Biden holds a semiconductor chip in this 2021 file photo. The White House is working out how to spend $52 billion that Congress has provided to spur U.S. chip manufacturing plants. (AFP via Getty Images)

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