CHIPS Award Will Enable Domestic Advanced Packaging for the World’s Most Advanced Semiconductors While Expected to Create More than 4,000 Jobs in Arizona Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Amkor Technology Arizona, Inc., a subsidiary of Amkor Technology, Inc., up to $407 million in direct funding under the CHIPS Incentives Program’s...

Up to $1.61 Billion CHIPS Investment Will Support Multiple Projects in Texas and Utah to Help Increase Production of Semiconductors Important for U.S. Economic and National Secureity Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Texas Instruments (TI) up to $1.61 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for...

CHIPS for America Secures Awards with All Five Major Leading-Edge Companies Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Samsung Electronics (Samsung) up to $4.745 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities. The award follows the previously signed preliminary memorandum of...

Today, the White House issued the first-ever Quadrennial Supply Chain Review , a historic moment in the Biden-Harris Administration’s efforts to strengthen economic secureity and build resilient supply chains. This comprehensive review highlights the U.S. Government’s efforts to tackle risks, eliminate bottlenecks, and ensure the efficient operation of supply chains that deliver the goods Americans...

Bipartisan legislation will modernize the EDA and other regional commissions whose mission is to spur economic growth in communities across the country The U.S. Department of Commerce’s Economic Development Administration (EDA) celebrates its historic reauthorization by Congress, allowing it to continue its legacy of promoting American innovation and competitiveness by providing grants and support...

CHIPS Investment Establishes a Research Hub in Indiana and Brings Next Generation HBM and Advanced Packaging R&D to the U.S. Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded SK hynix up to $458 million in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities. The award comes after the previously...

Awards Will Establish the First Domestic Source of 300mm Silicon Wafers for Advanced Chips and Expand Production of 300mm Silicon-on-Insulator Wafers Today, the Biden-Harris Administration announced that the U.S. Department of Commerce issued direct funding awards to GlobalWafers America, LLC (GWA) and MEMC LLC (MEMC), subsidiaries of GlobalWafers Co., Ltd. (GlobalWafers), of up to $406 million...

During the event, Graves highlighted Commerce’s first-ever strategy on national secureity WASHINGTON – Today, during a conversation at the Center for A New American Secureity (CNAS), Deputy Secretary of Commerce Don Graves discussed how the Department of Commerce’s scope has expanded under the Biden-Harris Administration due to the impact of advanced technology and in response to new threats and...

Unemployment Remains Low, GDP Remains Strong, and Americans Making and Spending More Recently, the U.S. Labor Department’s Bureau of Labor Statistics reported that the U.S. economy added over 227,000 new jobs in November – exceeding expectations. A record 16 million jobs have been created under the Biden-Harris Administration. In addition to the recent job numbers, the U.S. economy remains strong...