U.S. Department of Commerce Outlines $1.5 Billion in Potential Funding to Support Multiple Projects in New York and Vermont and Create Approximately 10,500 Construction and Manufacturing Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalFoundries (GF) have signed a non-binding preliminary memorandum of terms (PMT) to provide approximately $1.5...

Network Expected to Provide Access and Opportunity for Black Americans Coinciding with Black History Month, Commerce Secretary Gina Raimondo hosted the launch of the HBCU CHIPS Network yesterday, a collaboration between several Historically Black Colleges and Universities (HBCUs) and the Georgia Institute of Technology. This collaboration will help coordinate the resources of these colleges and...

Thank you for that introduction, Kylie. I am grateful for your leadership as the Chief Opportunity and Inclusion Officer at CHIPS. It’s my honor to welcome you to the Department of Commerce, especially as we observe Black History Month. It’s hard to overstate how transformative the CHIPS for America program is going to be for communities across the country. Semiconductors have become integral to...

The Administration expects to invest billions in the National Semiconductor Technology Center (NSTC), now established as a public-private consortium, and other CHIPS Research and Development (R&D) priorities Today, the Biden-Harris Administration announced it expects to invest over $5 billion in semiconductor-related research, development, and workforce needs, including in the National...

Today, leaders from the Departments of Commerce, Defense, and Energy; and the National Science Foundation; and the Chief Executive Officer of the National Center for the Advancement of Semiconductor Technology (Natcast) gathered at the White House to announce over $5 billion in expected investment in the CHIPS R&D program, including the National Semiconductor Technology Center (NSTC), and formally...

Thanks to President Biden’s Investing in America agenda , 2023 brought significant success to American workers and businesses, including the implementation of the $50 billion CHIPS for America Program to revitalize the U.S. position in semiconductor research, development, and manufacturing, a $42.45 billion investment to bring affordable, reliable high-speed Internet service to every home...

The Potential Investment Under the CHIPS and Science Act Would Shore Up Domestic Supply of Microcontroller Chips and Create Over 700 New Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Microchip Technology Inc. have reached a non-binding preliminary memorandum of terms (PMT) to provide approximately $162 million in federal incentives under the CHIPS...

Today, U.S. Secretary of Commerce Gina Raimondo issued the following statement highlighting key accomplishments at the Department of Commerce during 2023. “It has been an honor to work alongside the dedicated civil servants at the Department of Commerce in pursuit of our mission to improve America’s competitiveness so that our workers and companies can succeed in the global economy. Thanks to...

Thank you, Tom. Good morning! This is a big day – a big day for the United States and a big day for New Hampshire. I’m so pleased we’re joined by Senator Shaheen, who played a huge role in making sure that this bill happened and that the Commerce Department received the funding. And Senator Hassan, also such a staunch advocate for the people of New Hampshire. Thank you to Assistant Secretary of...

Today, the U.S. Department of Commerce shared the Biden-Harris Administration’s strategic vision to strengthen the semiconductor supply chain through CHIPS for America investments. To advance this vision, the Department announced a funding opportunity and application process for large semiconductor supply chain projects and will release later in the fall a separate process for smaller projects...