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Biden-Harris Administration Announces First CHIPS Commercial Fabrication Facilities Award with Polar Semiconductor, Establishing Independent American Foundry

Press releases
CHIPS Investment Expected to Nearly Double U.S. Production Capacity of Sensor and Power Chips at Bloomington, Minnesota Manufacturing Facility Today, as part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Commerce announced its first award under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities of up to $123 million...

Readout of Secretary Raimondo’s Convening on Legacy Semiconductors

Press releases
On Monday, U.S. Secretary of Commerce Gina Raimondo convened a roundtable discussion with investors to discuss non-market actions from the People’s Republic of China (PRC) that threaten to distort the market for mature node (or “legacy”) semiconductors. Secretary Raimondo emphasized her concern that over the past few years, the U.S. has seen signs of concerning practices from the PRC to...

Biden-Harris Administration Announces Preliminary Terms with Amkor Technology to Bring Cutting-Edge Advanced Packaging Technology to the U.S. for Leading-Edge Semiconductors

Press releases
Proposed CHIPS Investment Would Enable End-to-End Chip Production to Occur in the United States While Creating 2,000 Jobs in Arizona Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Amkor Technology, Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $400 million in proposed direct funding under the CHIPS and Science Act...

Biden-Harris Administration Announces Preliminary Terms with GlobalWafers to Significantly Increase Production of Silicon Wafers in U.S.

Press releases
Proposed CHIPS Investment Would Establish the First Domestic Source of 300mm Silicon Wafers for Advanced Chips and Expand Production of Silicon-on-Insulator Wafers, Strengthening the Domestic Supply Chain for Key Semiconductor Components Today, as part of the Investing in America tour, the Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalWafers America, LLC and...

U.S. Department of Commerce Announces Preliminary Terms with Rogue Valley Microdevices to Support the Construction of New Foundry

Press releases
Proposed Investment Would Nearly Triple Production Capacity per Month Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Rogue Valley Microdevices (RVM) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.7 million in proposed direct funding under the CHIPS and Science Act. The proposed CHIPS investment would support the...

Biden-Harris Administration Announces Preliminary Terms with Entegris to Onshore Supply Chain Materials for Leading-Edge Chip Production

Press releases
Proposed Investment Would Support Construction of a State-of-the-Art Manufacturing Center and Create Over 1,100 Direct Jobs in Colorado Springs, Colorado Today, the Biden-Harris Administration announced that the Department of Commerce and Entegris, a key supplier of advanced materials and process solutions for leading-edge chipmakers, have reached a non-binding preliminary memorandum of terms (PMT...

Biden-Harris Administration Announces Preliminary Terms with Polar Semiconductor to Establish an Independent American Foundry

Press releases
Proposed Investment of Approximately $120 Million From CHIPS and Science Act Would Build on Minnesota’s Decades-Long History in the Semiconductor Industry and Create over 160 Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Polar Semiconductor (Polar) have reached a non-binding preliminary memorandum of terms (PMT) to provide the company with up to...

Biden-Harris Administration Announces Preliminary Terms with Micron to Onshore Leading-Edge Memory Chip Production in U.S. for First Time in Decades

Press releases
U.S. Department of Commerce Proposes up to Roughly $6.14 Billion for Micron to Expand Domestic DRAM Chip Production in Idaho and New York Micron’s Full Vision Would Create Approximately 20,000 Jobs and Catalyze up to $125 Billion in Private Capital Over Two Decades, Including Commitments of $50 Billion in Capex Over Next Six Years Today, the Biden-Harris Administration announced that the U.S...

Biden-Harris Administration Announces Preliminary Terms with Samsung Electronics to Establish Leading-Edge Semiconductor Ecosystem in Central Texas

Press releases
Proposed CHIPS Investment of up to $6.4 Billion Would Complement More than $40 Billion in Private Investment to Support a Comprehensive Semiconductor Cluster for Leading-Edge Logic, Advanced Packaging, and R&D in Taylor, Texas, and Expansion of Austin Fab in Texas Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Samsung Electronics (Samsung) have signed a...

Biden-Harris Administration Announces Preliminary Terms with TSMC, Expanded Investment from Company to Bring World’s Most Advanced Leading-Edge Technology to the U.S.

Press releases
With Up to $6.6 Billion in Proposed CHIPS Direct Funding, TSMC Announces 2 Nanometer Technology at Second Fab and a New Third Fab to Produce 2 Nanometer or More Advanced Chips Proposed CHIPS Investment in Arizona Would Support AI, High-Performance Computing, 5G/6G Communications, and More Applications Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and TSMC...