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Trump mulls allocating $2B of CHIPS Act funds to boost U.S. critical minerals supply chain — move aims to reduce American dependence on China for its rare-earth needs

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A U.S. court has ruled in favor of Anthropic, temporarily preventing the Pentagon from labeling the company a supply chain risk. The dispute arose when the military demanded Anthropic to compromise its AI safety policies, which the company refused. Judge Rita Lin criticized the government's actions, stating that branding a company as a potential adversary for disagreeing is unjust. Anthropic's CEO refused to allow the use of their AI for mass surveillance and autonomous weapons, leading to President Trump banning the company from federal agencies. Despite this win, Anthropic still faces legal battles against the government.

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Micron has delayed the opening of its New York chipmaking fabs near Clay until late 2033, a five-year setback from the original 2025 timeline. However, the company is accelerating the construction of its Idaho fabs and reallocating CHIPS Act funding to that facility. The delay in New York is attributed to a longer construction phase for the initial fab, pushing back the entire project timeline. Micron has redirected $1.2 billion of federal grant money from New York to Idaho, indicating a strategic reshuffling of project priorities. Despite the delays, Micron remains committed to producing a significant portion of its DRAM output in the U.S.

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EU pushes for Chips Act 2.0 investment as it looks set to miss global silicon production targets by a wide margin — seeks quadrupling of semiconductor investment as $50 billion initiative flounders

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