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 […]
Texas Instruments (TI) has reached a preliminary agreement with the U.S. Department of Commerce for up to $1.6 billion in proposed funding under the CHIPS and Science Act. This significant investment aims to bolster the company’s semiconductor manufacturing capabilities through the construction of three 300mm wafer fabs located in Texas and Utah. Texas Instruments’ Major […]
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 […]