Commerce Secretary Gina Raimondo said the U.S. will channel CHIPS and Science Act funds into semiconductor manufacturing clusters by 2030.
Tesla said in a statement that its expanding facilities in Nevada will include a 100 GWh battery cell factory and high-volume factory to manufacture the Semi.
Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.
The largest U.S. solar panel manufacturer is spending more than $1 billion on a new factory in Alabama.
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