Corning’s Hemlock Semiconductor lands $325m boost for polysilicon production

Corning’s Hemlock Semiconductor lands $325m boost for polysilicon production

Corning’s Hemlock Semiconductor has secured a $325 million investment under the CHIPS and Science Act, aimed at ramping up domestic polysilicon production in Michigan. This strategic move aligns with the U.S. government’s broader ambition to secure its semiconductor supply chain amidst increasing global competition and supply disruptions. The CHIPS Act funding will bolster Hemlock Semiconductor’s […]

Biden-Harris Administration and Intel forge partnership to advance U.S. semiconductor industry

Biden-Harris Administration and Intel forge partnership to advance U.S. semiconductor industry

The Biden-Harris Administration has made a landmark announcement regarding a partnership between Intel and the U.S. Department of Commerce, highlighting an agreement on a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding. This funding is part of the CHIPS and Science Act’s initiative to revitalize U.S. semiconductor manufacturing and […]