Department has signed a non-binding preliminary memorandum of terms with the company

Further extends program launched by department in 2023

No vendor for the system has been named

Advanced AI processors will be manufactured by TSMC

Bill has received bipartisan support

Scope of regulations still being determined

Funding gap arose after Defense Department reneged on $2.5bn military contract with Intel

Country also wants to establish 10 new design and packaging companies

The 30-year-old woman was arrested last month

Money will be used to manage venture capital and finance chip manufacturing equipment

Company confirmed it had received a subpoena in SEC filing

Country wants to challenge Taiwanese fabless rivals and increase market share

Package made up of public and private investment

Company has been running simulations to assess risks of a hypothetical invasion

Funding appears to come from the strategy’s original budget, rather than the allocation of additional financial support

System costs a total of €8.5 million

Last move from country to rejoin EU research programs

Investment will allow company to double production in two years

Secretary of Commerce Gina Raimondo was asked about consequences at a committee hearing

Move comes after US politicians were angered by Intel chips found in Huawei laptop

PsiQuantum system will be housed near Brisbane airport

Updated rules set to come into force in July

Investment will be made into IBM’s sole Canadian facility, Bromont plant

New fabs will create 70,000 jobs across the three sites