Biden Administration ‘Races’ to Allocate CHIPS Act Funds

With the election over and potential threats to the CHIPS Act coming from victorious Republicans, the White Houe is reportedly racing “to get CHIPS Act money out the door” before the Biden presidency ends in January ….

U.S. in Preliminary $400M Deal with GlobalWafers to Build 300mm Silicon Wafer Fabs

The U.S. Department of Commerce yesterday announced a proposed $400 million CHIPS + Science Act investment to build what the agency said would be the first domestic fab for 300mm silicon wafers and expand ….