On December 3rd local time, Microchip Technology decided to suspend its application for semiconductor subsidies related to the chip bill to the Biden administration, becoming the first semiconductor company to stop applying for such subsidies. Initially, Microchip Technology may have received a subsidy worth $162 million from the US government, but due to the inability to overcome management difficulties, it began to close factories, making it difficult to obtain subsidies. On the 2nd, the company's Arizona factory decided to close, and the Oregon factory was forced to take a vacation.