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.
$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.
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 will boost U.S. semiconductor manufacturing but at high cost per job, researchers find
The subsidy package for new domestic chip factories came after pandemic shortages raised concerns about reliance on foreign ...
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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’s administration proposes new rules on exporting AI chips, provoking an industry pushback
The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop ...
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 ...
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Japan shifts chip support to design sector
Japan stepped up measures to boost the domestic chip industry, allocating JPY160 billion to be spent on incentives for chip ...
Wolfspeed raises $200M as it pursues critical CHIPS dollars
To meet that demand and secure the first payment, the company announced last month plans to raise $200 million. But the stock price, which dipped nearly 40 percent in the last month to close at $4.82 ...
CHIPS Politics and AI Breakthroughs
Two major developments have put AI on a new course: chip shortages during the COVID pandemic made chips a political topic ...