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,
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.
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.
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,
CHIPS Act funds to support chipmaker's RTP expansion, new jobs
The CHIPS Act of 2022 earmarked billions of taxpayer dollars for companies such as Samsung, Intel (Nasdaq: INTC), Micron ...
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.
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 ...
US Department of Commerce to award MACOM $70 million to expand Massachusetts, RTP facilities
The U.S. Department of Commerce signed a preliminary agreement to provide up to $70 million in direct funding to MACOM ...
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 ...
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 ...
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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 ...
OpenAI presents its preferred version of AI regulation in a new ‘blueprint’
OpenAI has published a 'blueprint' for AI economic development and regulation in the U.S. that it argues would ensure the U.S ...
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TSMC's Arizona Fab Begins Production of Advanced 4nm Chips - TaiwanPlus News
U.S. Commerce Secretary Gina Raimondo has announced the production of advanced 4nm chips for U.S. customers at TSMC's new ...