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,
$53 million of federal CHIPS Act funding going to HP in Corvallis
This federal funding will create and sustain over 200 construction and manufacturing jobs in Corvallis, and may also lead to improved public services for the city.
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,
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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 ...
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Outgoing Commerce chief: “The only way to win is to out-innovate them”
With less than a week until President-elect Donald Trump is sworn into office, President Joe Biden’s Cabinet officials are ...
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 ...
Spokane County receives $48M in federal funding for aerospace tech hub
The hub will develop and manufacture lighter, more efficient materials for planes and other aerospace technology and then ...
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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 ...
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 ...
OpenAI presents its preferred version of AI regulation in a new 'blueprint'
OpenAI on Monday published what it's calling an "economic blueprint" for AI: a living document that lays out policies the ...