HP finalizes $53 million in CHIPS Act money for Oregon expansion
The Biden administration said Monday it has finalized a $53 million award for HP Inc. to expand research and manufacturing in Corvallis. The Commerce Department announced the subsidy last summer but other incentives have been downsized,
Chipmakers are rushing to get Chips Act money before Biden's out. Here's who's finalized so far
As the Biden administration prepares to pass power to President-elect Donald Trump, U.S. chipmakers are rushing to finalize federal funding.
HP finalizes $53M CHIPS Act award for Corvallis facilities
The Biden administration and HP Inc. (NYSE: HPQ) finalized a $53 million CHIPS Act award that will support an expected investment of nearly a half billion dollars at the company's Corvallis campus.
$325M CHIPS Act Award to Fund Mich. Semiconductor Facility
The U.S. Department of Commerce will provide the funding via the CHIPS Incentives Program, to Hemlock Semiconductor. It will enable construction of a new manufacturing plant and create nearly 200 manufacturing jobs.
Biden administration awards $53 million to HP in Corvallis for semiconductor research
Oregon’s high tech sector is about to grow even more, with a new multi-million dollar infusion of cash from the federal government. The Biden administration announced Monday that it will award up to $53 million to HP to support the expansion and modernization of its facility in Corvallis.
HP shores up $53M in U.S. CHIPs Act funding
HP Inc (NYSE:HPQ) has won up to $53M in direct funding as part of the U.S. CHIPs Act to support domestic manufacturing of next-generation technologies and “Lab-to-Fab” ecosystem. This award, finalized under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities,
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CHIPS Act funding will create more jobs in Durham after MACOM lands grant
Days before the Biden administration's term ends, the U.S. Commerce Department approved a $70 million CHIPS and Science Act ...
Corvallis tech hub wins $45M from federal CHIPS Act
The Biden administration on Tuesday announced a $45 million award for the Corvallis Microfluidics Tech Hub, led by Oregon ...
Biden's new chip rules aim to stifle China in AI race
President Joe Biden is planning one more round of export restrictions on AI chips to limit some countries' access to the key ...
Biden admin’s global AI chip regime
The Biden administration’s Commerce Department this morning is rolling out what could be its final major action to keep the ...
Western self-sufficiency in computer chips is just not going to happen
American microchip giant Intel is looking for a new CEO following Pat Gelsinger’s shock resignation. This represents more ...
Biden administration proposes new rules on exporting AI chips, provoking an industry pushback
Industry executives contend the plan would limit access for existing chips used in video games and which companies could ...
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Polysilicon producer Hemlock gets $325m in CHIPS act funding
The CHIPS Act funding will be used by HSC to support the construction of a new manufacturing facility on the company’s ...
Biden administration AI chip export rules trigger industry backlash and global concerns
The Biden administration has unveiled a new framework for exporting advanced computer chips used in artificial intelligence ...
Semiconductor firm to grow Triangle operations with new CHIPS grant awarded as Biden exits
On Tuesday, the U.S. Department of Commerce awarded $70 million to the chipmaker MACOM to hire and expand in North Carolina.