
Microchip Technology to cut 2,000 chip jobs, will close Arizona fab earlier than planned
Part of struggling company’s cost-cutting and restructuring efforts
Part of struggling company’s cost-cutting and restructuring efforts
President used his joint address to Congress to once again criticize the CHIPS and Science Act
Howard Lutnick says existing agreements should be honored, but review of scheme may be necessary
Calls CHIPS Act ridiculous, claims chip companies told him they didn’t need the funding
The four funding packages will support the expansion and modernization of multiple facilities
The CHIPS and Science Act faces uncertain under incoming President Trump
The SMART USA Institute will be headquartered in Durham, North Carolina
Will support the three companies' planned investments across Texas, Utah, and Arizona
Plus a roundup of some other recent chip funding news
Fifth company to finalize funding agreement
Fourth company to finalize negotiations with Department of Commerce
Company will receive $7.9bn
Biden administration keen to complete negotiations before the end of his term
Will support research into chip design and industry-wide collaboration
First of three proposed semiconductor research facilities
And resurfaces comments about charging Taiwan for protection
Third CHIPS Act funding allocation in a week
Optical networking vendor is planning fabs in California and Pennsylvania
Funding will support construction of facilities in North Carolina and New York
President Biden signed the bill into law this week
Company said product unit was not for sale
Funding awarded under Small Business Innovation Research program
Advanced chips will be used for US defense operations
Job cuts at odds with CHIPS Act aim of growing semiconductor workforce
Company planning to invest $18bn across the two states
Will be used to support chip manufacturer’s $3.87bn HBM plant in West Lafayette, Indiana
Company bid for government funding to support $4bn Californian research center
Plant will be largest of its type in the US