U.S. Department of Commerce Proposes up to $8.5 Billion in Potential Direct Funding for Intel Under President Biden’s Investing in America Agenda to Support Multiple Projects in Arizona, New Mexico, Ohio, and Oregon Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel Corporation have reached a non-binding preliminary memorandum of terms (PMT) to provide...

Today, the U.S. Department of Commerce issued a Notice of Funding Opportunity (NOFO) to seek applications for research and development (R&D) activities that will establish and accelerate domestic capacity for advanced packaging substrates and substrate materials, a key technology for manufacturing semiconductors. The CHIPS for America program anticipates approximately $300 million in funding...

This week, U.S. Secretary of Commerce Gina Raimondo delivered a major policy address at the Center for Strategic and International Studies ( CSIS ) on the implementation of President Biden’s CHIPS and Science Act and the leading-edge technology investments by the Department of Commerce to boost innovation and revitalize American semiconductor manufacturing. President Biden signed the bipartisan...

Thank you to the Center for Strategic and International Studies for hosting us. Last February, the Commerce Department rolled out the funding applications for the CHIPS for America program. I said at the time that our effort mirrors the space race – and I meant it. President Kennedy’s historic call to put a man on the Moon spurred an unprecedented effort by the government, private sector, and...

Good afternoon! I’m so excited to be here. This is a big day and we owe so much of it to Leader Schumer, who was the driving force behind the CHIPS and Science Act. Thank you to your leader, Tom Caulfield. Thank you to Governor Hochul, who has been a steadfast ally; Representative Tonko, who has been an advocate for New York; and Lael Brainard, who is joining us from the White House. And finally –...

U.S. Department of Commerce Outlines $1.5 Billion in Potential Funding to Support Multiple Projects in New York and Vermont and Create Approximately 10,500 Construction and Manufacturing Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalFoundries (GF) have signed a non-binding preliminary memorandum of terms (PMT) to provide approximately $1.5...

Network Expected to Provide Access and Opportunity for Black Americans Coinciding with Black History Month, Commerce Secretary Gina Raimondo hosted the launch of the HBCU CHIPS Network yesterday, a collaboration between several Historically Black Colleges and Universities (HBCUs) and the Georgia Institute of Technology. This collaboration will help coordinate the resources of these colleges and...

Thank you for that introduction, Kylie. I am grateful for your leadership as the Chief Opportunity and Inclusion Officer at CHIPS. It’s my honor to welcome you to the Department of Commerce, especially as we observe Black History Month. It’s hard to overstate how transformative the CHIPS for America program is going to be for communities across the country. Semiconductors have become integral to...

The Administration expects to invest billions in the National Semiconductor Technology Center (NSTC), now established as a public-private consortium, and other CHIPS Research and Development (R&D) priorities Today, the Biden-Harris Administration announced it expects to invest over $5 billion in semiconductor-related research, development, and workforce needs, including in the National...

Today, leaders from the Departments of Commerce, Defense, and Energy; and the National Science Foundation; and the Chief Executive Officer of the National Center for the Advancement of Semiconductor Technology (Natcast) gathered at the White House to announce over $5 billion in expected investment in the CHIPS R&D program, including the National Semiconductor Technology Center (NSTC), and formally...