Chips Act, Polar
The Biden administration has finalized the first Chips Act grant
The Biden-Harris administration has announced the first binding award from the U.S. Chips and Science Act since allocating over half of the $52 billion in subsidies for semiconductor manufacturing.
Roundup: CHIPS Act funds NSTC; Polar gets final funding
Additionally, the DOC through the CHIPS Act has finalized its direct investment to Polar Semiconductor of up to $123 million as the first Funding Opportunity for Commercial Fabrication Facilities. Previously, Polar and DOC came to an agreement to transform the company into a U.S.-based chip foundry.
US Finalizes First Binding Chips Award With Polar Semiconductor
The Biden administration has finalized its first binding award under the Chips and Science Act: a $123 million grant to Polar Semiconductor that officials say could double the company’s US manufacturing capacity within two years.
US Finalizes $123 Million Chips Award for Polar Semiconductor
The U.S. Commerce Department said on Tuesday it had finalized a $123 million grant for Polar Semiconductor to expand its plant in Minnesota, which would allow the company to nearly double its U.S. production capacity of power and sensor chips.
US finalizes $123 million grant to expand Polar Semiconductor
The US Department of Commerce has approved a $123 million grant to Polar Semiconductor, enabling the company to significantly expand its chip manufacturing facility in Minnesota. This expansion will almost double its production capacity for power and sensor chips,
Biden, chips
The CHIPs Act has been a boon for the industry. Have investors benefited?
President Biden signed the CHIPS Act into law in August 2022 and called it a "once-in-a-generation" piece of ...
Peters’ Bipartisan Bill to Speed Up CHIPS Act Investments Passes Congress
The House of Representatives passed the Building Chips in America Act Monday, designed to bring microchip manufacturing back ...
Hosted on MSN1d
Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardee
Polar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden ...
Warm embrace of CHIPS Act cash envelopes Polar Semiconductor
Polar Semiconductor is jointly owned by Allegro and Sunken Electric, and is a supplier of 200 millimeter wafers. The company ...
The Floridian2d
House Passes Building Chips in America Act
The Building Chips in America Act has just passed the House with 257 in favor and 125 opposed and is now slated to go to the ...
metal-am13h
MELD Manufacturing celebrates CHIPS and Science Act anniversary
MELD Manufacturing is celebrating the two-year anniversary of the CHIPS and Science Act. This legislation, which was enacted ...
Bloomington chipmaker Polar lands more federal funds for its expansion
Another $3 million from the CHIPS and Science Act will help the semiconductor manufacturer upgrade its workforce. This adds ...
Arizona's semiconductor industry: What to know about the booming field
Seemingly overnight, Arizona has emerged as a big player in the rejuvenated U.S. semiconductor industry, What does that mean, ...