House Republicans blocked a measure to speed up U.S. chip projects in must-pass defense legislation, a key priority for Commerce Secretary Gina Raimondo, Bloomberg’s Mackenzie Hawkins and Ari Natter report, citing people familiar with the matter. Intel (INTC), TSMC (TSM), and Samsung (SSNLF) are currently working on large-scale projects, and could face significant delays without a permitting exemption.
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