said of the binding Chips Act awards in a confirmation hearing Wednesday. “To the extent monies have been disbursed, I would commit to rigorously enforcing documents that have been signed by ...

Still, Lutnick signaled a commitment to the program overall. He told senators that the CHIPS Act is an “excellent down payment” and repeatedly emphasized the importance of revitalizing ...

Calling Biden’s CHIPS Act incentives ‘ridiculous,’ he claimed companies will build new plants in the US to avoid higher taxes and called DeepSeek’s AI a ‘positive.’ Calling Biden’s ...

A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. manufacturing of semiconductors and reduce the country’s reliance on foreign-made computer chips, will “sharply ...

The federal funding freeze put forth by the Trump administration has put the CHIPs Act grants to semiconductor companies in "limbo," even if they are "likely to survive," Bank of America said.

STORY HIGHLIGHTS MACOM Technology Solutions may receive $70 million in CHIPS Act funding. Funding supports facility expansion in Massachusetts and RTP. The CHIPS Act aims to boost U.S ...

WASHINGTON - The Biden administration has already awarded tens of billions of dollars under the bipartisan CHIPS and Science Act passed in 2022 for the purpose of boosting domestic semiconductor ...

However, the STAR Act extends this and expands it to also include investments in semiconductor design. “The CHIPS Act’s investment tax credit has been hugely successful in strengthening ...

In 2022, President Joe Biden signed the bipartisan CHIPS and Science Act to boost semiconductor manufacturing, research, and development in the U.S. The $280 billion package includes $52 billion ...