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The Commerce Department on Tuesday opened an expected funding opportunity aimed at rebuilding the domestic semiconductor industry, which has increasingly moved offshore, a weakness in U.S. supply chains that became glaringly apparent during and after the COVID-19 pandemic when manufacturers of everything from automobiles to fighter aircraft suffered from a scarcity of computer chips used in production of their products. The $39 billion initiative to boost the U.S. semiconductor industry is part of a $50 billion program Congress and the…
