U.S. gov't seizes $7.4 billion semiconductor research fund created under Biden admin, calling it 'illegal' | Lutnick says fund 'served as a semiconductor slush fund that did nothing but line the p...

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The original was posted on /r/technology by /u/chrisdh79 on 2025-08-26 12:19:17+00:00.

Original Title: U.S. gov’t seizes $7.4 billion semiconductor research fund created under Biden admin, calling it ‘illegal’ | Lutnick says fund ‘served as a semiconductor slush fund that did nothing but line the pockets of Biden loyalists with American tax dollars’