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 Security 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 security 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...

Proposed CHIPS Investments in Minnesota and Texas Would Help Enhance Production Capacity of Important Semiconductor Manufacturing Components Today, the Biden-Harris Administration announced that the U.S. Department of Commerce signed three separate preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $33 million in proposed direct funding to Coherent, up to $16...

This week, U.S. Secretary of Commerce Gina Raimondo and His Excellency Mr. Rui Miguêns de Oliveira, Minister of Commerce and Industry for the Republic of Angola, signed a Memorandum of Understanding (MOU) to launch the U.S.-Angola Commercial and Investment Partnership (CIP). This initiative can create new opportunities for cooperation between the U.S. Department of Commerce and Angola’s Ministry...

CHIPS Incentives Awards in Georgia and Colorado Would Advance U.S. Technology Leadership and Supply Chain Security Today, the Biden-Harris Administration announced that the U.S. Department of Commerce has finalized two separate awards under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities. The Department awarded Absolics, an affiliate of the Korea-based SKC...

The Testing Risks of AI for National Security (TRAINS) Taskforce brings together experts from Commerce, Defense, Energy, Homeland Security, NSA, and NIH to address national security concerns and strengthen American leadership in AI innovation. Today, the U.S. Artificial Intelligence Safety Institute at the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST)...

CHIPS Investment of Up to $1.5 Billion Will Support Multiple Projects in New York and Vermont and Create Approximately 10,000 Good Construction and Manufacturing Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded GlobalFoundries (GF) up to $1.5 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial...