chips act
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The Biden Administration opens $285 million funding for ‘digital twin’ chip research institute
The Biden Administration has opened applications for $285 million in CHIPS Act funding for an institute to develop digital twins for the chip manufacturing industry. The investment aims to speed up silicon design and engineering and bolster national security.
Samsung awarded $6.4 billion CHIPS Act grant to build 'semiconductor ecosystem' in Texas
The Biden administration has awarded Samsung up to $6.4 billion in grants as part of CHIPS Act funding. This will help the company build out various factories in Texas.
TSMC snags $6.6 billion in CHIPS Act funding to open three factories in Arizona
President Biden’s CHIPS Act money continues to get doled out. TSMC just snagged $6.6 billion in grants to build three new factories in Arizona.
GlobalFoundries secures $1.5 billion in CHIPS Act funding for US expansion
GlobalFoundries has secured $1.5 billion in CHIPS Act funding to bolster domestic semiconductor supply chains. Among other things, the company aims to produce "high value technologies not currently available in the US" at a new facility.
The EU Chips Act just received its final approval
Leaders hope to rely less on foreign actors for chip manufacturing and distribution.
Biden administration bars CHIPS Act funding recipients from expanding in China
Chipmakers hoping to tap into the Biden administration’s $39 billion semiconductor manufacturing subsidy program will need to sign agreements promising they won’t expand production capacity in China, the Commerce Department announced this week.
Biden administration reveals details of its $50 billion chip investment plan
Over half of the funding will go toward advanced chip manufacturing.
Senate passes bill to boost US chip manufacturing
The Senate has passed the CHIPS and Science Act, a bill that promises to boost domestic chip production.
EU unveils a $49 billion plan to address chip shortages
Along with a US effort to bolster semiconductor production, the Chips Act aims to prevent future scarcity.
