Department of Commerce Announces Preliminary Terms with Analog Devices …
Jan 16, 2025 · Today, the U.S. Department of Commerce announced the signing of four separate non-binding preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $105 million in proposed direct funding to Analog Devices, Inc. (NASDAQ: ADI). ADI is at the forefront of innovation in the expansion of U.S. semiconductor manufacturing.
Department of Commerce Announces Preliminary Terms with Analog Devices …
Jan 16, 2025 · Today, the U.S. Department of Commerce announced the signing of four separate non-binding preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $105 million in proposed direct funding to Analog Devices, Inc. (“ADI”), up to $79 million in proposed direct funding to Coherent, up to $10.3 million in proposed ...
Trahan Applauds Analog, Department of Commerce Agreement …
1 day ago · WASHINGTON, DC – Today, Congresswoman Lori Trahan (MA-03) applauded the U.S. Department of Commerce’s signing of a preliminary memorandum of terms with Analog Devices, Inc. (ADI) last week to unlock up to $105 million in CHIPS and Science Act funding. The investment will support the expansion and modernization of ADI’s facilities in Chelmsford, Massachusetts as well as in Beaverton ...
Analog Devices lands $105 million in federal CHIPS money for
The latest round of federal CHIPS Act awards includes $105 million for Analog Devices to upgrade its factories in the suburbs around Portland and Boston, the Commerce Department announced early ...
Analog Devices Inc. (Oregon) | NIST
On January 16, 2025, the Biden-Harris Administration announced that the U.S. Department of Commerce and Analog Devices, Inc. (“ADI”) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $105 million in proposed …
Analog Devices’ Camas, Beaverton Semiconductor Plants to …
Dept. of Commerce signs agreement to fund expansion of company’s plants in Silicon Forest and Massachusetts, plus job training WASHINGTON, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation, and U.S. Representative Marie ...
Press Releases | News | U.S. Senator Maria Cantwell of Washington
Jan 16, 2025 · The award would also allow Analog Devices to expand financial support for manufacturing employees working towards associate degrees and technical certifications. Sen. Cantwell was the main architect and key negotiator of the bipartisan CHIPS & Science Act, which authorized $76 billion
Analog Devices, Coherent to Get Chips Act Funding
6 days ago · The U.S. government is awarding Analog Devices and Coherent up to $184 million to help the companies advance key semiconductor technologies.
$105M CHIPS Act award to back Analog Devices growth in …
6 days ago · The Biden administration on Thursday announced a CHIPS Act award of up to $105 million for Analog Devices Inc. (Nasdaq: ADI), which has a semiconductor wafer fab in Beaverton and a smaller factory ...
Press Release: CREDC Facilitates Analog Devices’ Access to CHIPS Act ...
Jan 16, 2025 · FOR IMMEDIATE RELEASE — JANUARY 16, 2025. Vancouver, WA — The U.S. Department of Commerce announced up to $105 million in proposed direct funding to Analog Devices, Inc. (ADI) as part of the CHIPS and Science Act. This milestone is directly tied to the $300,000 awarded to ADI from Washington State’s Economic Development Strategic Reserve Fund (SRF), which was critical in securing a piece ...
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