A $23 Million preliminary agreement would expand radiation-resistant semiconductors for solar panels. The Commerce Department recently signed a non-binding preliminary agreement with SolAero Technologies under the CHIPS and…
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Commerce Department Signs Preliminary Agreement with Korean Affiliate
The semiconductor component manufacturing company will build U.S. facility. The Department of Commerce signed a preliminary memorandum of terms with Absolics, an affiliate South Korean company that produces…
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Commerce Department Effort to Recruit Women in Construction
Secretary Raimondo says CHIPS Act goals will not be achieved without them. The Department of Commerce released its framework for encouraging women to become construction workers, saying that…
Read MoreCommerce Department Announces Agreement for Samsung Chip Facilities
Preliminary agreement proposes investing $6.4 billion into facility construction and expansion in Texas. The Department of Commerce announced that it has reached a non-binding domestic manufacturing agreement with…
Read MorePreliminary Agreement with Taiwan Semiconductor Manufacturer Announced
President Biden says, if finalized, will provide $6.6 billion to build U.S.-based manufacturing facilities This week, President Joe Biden announced a preliminary agreement with the Taiwan Semiconductor Manufacturing…
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FTC Supports Qualcomm’s Decision to Abandon Acquitision of Autotalks Ltd
The director says it “will preserve innovation and price competition.” Federal Trade Commission (FTC) Bureau of Competition Director Henry Liu recently affirmed Qualcomm Inc.’s decision to withdraw from…
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Commerce Department Reaches Preliminary Agreement with Intel
CHIPS funding would support Intel manufacturing in four states. The Commerce Department announced that it has reached a preliminary agreement with Intel Corporation, offering the company $8.5 billion…
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Commerce Secretary Speaks on CHIPS and Science Act Anniversary
She and the president intend for the U.S. to produce 20 percent of the world’s leading-edge microchips by 2030. Secretary of Commerce Gina Raimondo recently spoke at the…
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Senate Subcommittee Chair Disappointed U.S. Chips Found in Russian Weapons
He says U.S. companies have the ability to track their products and do more. The Senate held a hearing with U.S. microchip manufacturers on Tuesday, reviewing reports that…
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The Pentagon Invests in Revitalizing U.S. Semiconductor Manufacturing
The grants are part of the RESHAPE initiative. The Department of Defense (DOD) has granted contracts totaling $49 million to Micross Components and the government of Osceola County,…
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