>Recipients who receive more than $150 million in direct funding "will be required to share with the U.S. government a portion of any cash flows or returns that exceed the applicant’s projections by an agreed-upon threshold," the department said.
>
>Commerce expects "upside sharing will only be material in instances where the project significantly exceeds its projected cash flows or returns, and will not exceed 75% of the recipient’s direct funding award."

I read that part. I know. The issue is for that "loan" you have also to do these things.

>provide affordable childcare
>
>must provide details of any plans to buy back their own shares over five years
>
>Applicants must address six program priority areas including plans "to commit to future investment in the U.S. semiconductor industry
>
>Applicants should also "create opportunities for minority owned, veteran-owned, and women-owned businesses; demonstrate climate and environmental responsibility; invest in their communities by addressing barriers to economic inclusion; and commit to using iron, steel, and construction materials produced in the United States."
>
>winning awards will be required to enter into agreements restricting their ability to expand semiconductor manufacturing capacity in foreign countries of concern

That's a big list of costs for basically a loan that you only pay back 75%. Esp. the last point that is not only about China but about ANY country the government doesn't like.