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.
$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.
$325M CHIPS Act Award to Fund Mich. Semiconductor Facility
The U.S. Department of Commerce will provide the funding via the CHIPS Incentives Program, to Hemlock Semiconductor. It will enable construction of a new manufacturing plant and create nearly 200 manufacturing jobs.
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 ...
'America is handing the baton to Spokane': Commerce Department awards $48 million to launch aerospace 'tech hub' in Airway Heights
The U.S. Department of Commerce on Tuesday awarded a $48 million grant to establish an aerospace manufacturing hub in Airway ...
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 ...
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Samsung, Texas Instruments, and Amkor finalize CHIPS Act funding agreements
Samsung, Texas Instruments, and Amkor have finalized their CHIPS and Science Act funding agreements with the US Department of ...
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 ...
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 ...