Texas Instruments is the latest recipient of CHIPS Act funds. The 2022 law ... appliances and national defense. GlobalFoundries was awarded $1.5 billion for legacy silicon production in February.

President Trump reiterated claims that the 2022 Chips Act is a bad deal, calling on Congress to get rid of funding from the law to reduce the deficit. “Your Chips Act is a horrible, horrible ...

Commerce Secretary Howard Lutnick has signaled he could withhold CHIPS Act funding promised to companies like Micron Technology as he pushes the firms for bigger projects in the U.S., according to ...

He is also exploring increasing the program's 25% tax credit, which has more value than direct funding for many companies. Major changes to the CHIPS Act’s tax breaks would require getting ...

Wolfspeed was expecting to receive the first tranche of Chips Act funding in mid-2025. The company recently hired Robert Feurle as new chief executive, effective May 1. Feurle joins from chip ...

And during the Biden administration the Commerce. Dept. strongly encouraged but didn't formally require applicants for CHIPS Act funding to use union project labor agreements. On its website ...

Our baby senator, Jon Husted, was so cute when he ignored that fact and claimed that the CHIPS Act funding for the Intel project in New Albany is safe because Congress supports it. President ...

Wolfspeed (NYSE:WOLF) shares crashed more than 40% on Friday amid speculation that the Durham, N.C.-based silicon carbide supplier has lost access to its CHIPs Act funding. Wolfspeed did not ...

Shares of Wolfspeed are plummeting on concerns that it may not get the funding that was granted under the CHIPS Act given President Trump's desire to get rid of the law.Market Domination Anchors ...