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.
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,
$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.
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 ...
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 ...
Electronics Purchasing and Supply News2d
HP Secures $53 Million CHIPS Act Grant
The Biden-Harris Administration announced awarding HP up to $53 million in direct funding through the CHIPS Incentives ...
Corvallis Gazette-Times5h
Corvallis tech community receives almost $100 million
The funding will support the expansion and modernization of Corvallis' HP facility, as well as generate jobs. Find out how ...
OregonLive.com on MSN1d
Oregon State lands $45 million federal grant for microfluidics research
Tuesday's award comes a day after HP landed a separate, $53 million grant for its own microfluidics research in Corvallis.
CRN4mon
HP Q3 Earnings: CEO Lores Calls AI PCs ‘An Incredible Growth Opportunity’ For Partners
When asked on the conference call about the $50 million in federal funding HP stands to get under the U.S. Chips and Science Act for a fabrication plant in Oregon, Lores said that the fab is ...
KMTR Eugene on MSN21h
Oregon's chip industry receives $53 million boost from federal CHIPS Act
Oregon is getting another major boost to its computer chip research industry.Senators Ron Wyden and Jeff Merkley announced a ...