A $23 Million preliminary agreement would expand radiation-resistant semiconductors for solar panels. The Commerce Department recently signed a non-binding preliminary agreement with SolAero Technologies under the CHIPS and…
Read MoreCHIPS and Science Act
Commerce Department Signs Preliminary Agreement with Korean Affiliate
The semiconductor component manufacturing company will build U.S. facility. The Department of Commerce signed a preliminary memorandum of terms with Absolics, an affiliate South Korean company that produces…
Read More
Energy Department Appoints First Energy Security Board of Directors
The board will head the nonprofit authorized by the CHIPS Act. The Department of Energy (DOE) appointed the first panel of board members for its new nonprofit organization…
Read More
Commerce Department Effort to Recruit Women in Construction
Secretary Raimondo says CHIPS Act goals will not be achieved without them. The Department of Commerce released its framework for encouraging women to become construction workers, saying that…
Read MoreCommerce Department Announces Agreement for Samsung Chip Facilities
Preliminary agreement proposes investing $6.4 billion into facility construction and expansion in Texas. The Department of Commerce announced that it has reached a non-binding domestic manufacturing agreement with…
Read MorePreliminary Agreement with Taiwan Semiconductor Manufacturer Announced
President Biden says, if finalized, will provide $6.6 billion to build U.S.-based manufacturing facilities This week, President Joe Biden announced a preliminary agreement with the Taiwan Semiconductor Manufacturing…
Read More
Commerce Department Reaches Preliminary Agreement with Intel
CHIPS funding would support Intel manufacturing in four states. The Commerce Department announced that it has reached a preliminary agreement with Intel Corporation, offering the company $8.5 billion…
Read More
Commerce Secretary Speaks on CHIPS and Science Act Anniversary
She and the president intend for the U.S. to produce 20 percent of the world’s leading-edge microchips by 2030. Secretary of Commerce Gina Raimondo recently spoke at the…
Read More
White House Announces $5 Billion for Semiconductor Research
The administration establishes a center for research and a public-private development consortium. President Biden’s administration has announced a $5 billion investment into domestic semiconductor research and development (R&D),…
Read MoreCommerce Department Announces Domestic Chip Production Grants
$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…
Read More