Why Biden's chips achievement is losing support as the money …
Nov 2, 2024 · Progressives and pro-labor Democrats are souring on President Joe Biden’s CHIPS and Science Act as the administration appears to be loosening some of the environmental and transparency guardrails...
Where the CHIPS Act money has gone - The Verge
Jun 7, 2024 · Intel received the biggest direct investment through the CHIPS Act, with $8.5 billion for its semiconductor projects. TSMC received $6.6 billion in funding, while Samsung rounded out the top...
Biden-Harris Administration Announces CHIPS Incentives Award …
Dec 20, 2024 · CHIPS for America Secures Awards with All Five Major Leading-Edge Companies. Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Samsung Electronics (Samsung) up to $4.745 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities.
The US finalizes CHIPS Act funding for Samsung and Texas …
Dec 21, 2024 · The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial ...
ICYMI: Secretary Raimondo Delivers Update on CHIPS and Science Act …
Feb 27, 2024 · U.S. Commerce Secretary Gina Raimondo said Monday chips companies seeking government subsidies from a $52.7 billion program are expected get significantly less than they sought. Raimondo said she is pushing chips companies "to …
Intel finalizes $7.9 billion CHIPS Act grant - CNBC
Nov 25, 2024 · Chipmaker Intel and the CHIPS and Science Act office finalized a $7.86 billion grant, the government announced Tuesday, as the Biden administration moves to dole out funds before...
Intel awarded almost $8 billion to protect US chipmaking interests ...
Nov 26, 2024 · The Biden administration is giving Intel $7.865 billion in CHIPS Act funding to boost domestic semiconductor manufacturing in the US. The agreement confirmed by the US Department of Commerce...
FACT SHEET: One Year after the CHIPS and Science Act, Biden-
Aug 9, 2023 · One year ago, President Biden signed into law the CHIPS and Science Act (CHIPS), which makes a nearly $53 billion investment in U.S. semiconductor manufacturing, research and development, and...
Biden-Harris Administration Announces CHIPS Incentives Award …
Dec 20, 2024 · “The CHIPS and Science Act is helping the United States maintain its lead in the industries of the future.” “We are pleased to announce that we have finalized the terms for receiving CHIPS Act funding to establish an advanced packaging and test facility in Arizona,” stated Giel Rutten, President and CEO of Amkor. “This new facility ...
Trump’s Win Sets Off Race to Complete Chips Act Subsidy Deals
Nov 8, 2024 · The Biden administration is racing to complete Chips Act agreements with companies like Intel Corp. and Samsung Electronics Co., aiming to shore up one of its signature initiatives before...