The announcement offers further evidence that the $40 billion project, a showpiece of the Biden administration’s effort to remake the U.S. as a chip hub, is running into challenges.
Yang Jie is a reporter specializing in business and technology news. He has written for publications such as Yahoo Finance, The Wall Street Journal, and Asia International News, with his work also appearing in MarketWatch. Yang's articles often focus on the intersection of technology, international relations, and business, particularly in relation to companies such as Apple and Huawei.