The US Investment Accelerator office is tasked with speeding up corporate spending in the US by reducing regulations and coordinating with federal agencies.

Critics warned that the Biden administration put so many conditions on the grants it offered to semiconductor manufacturers ...

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 ...

SkyWater Technology is expanding U.S.-based chip capacity with Fab 25 and growing demand from the CHIPS Act and DoD support.

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 ...

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 ...

As the report points out, the Lehi facility employs 1,100 people. In December, TI announced the CHIPS Act funding agreement, including a 25% investment tax credit. "As the largest analog and ...