March 2024
Intel was awarded $8.5 billion in funding, the most of any CHIPS Act allocations to date. Intel expects to use the money to advance its commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon. The company also said the funds would create more than 10,000 company jobs and nearly 20,000 construction jobs, and would support more than 50,000 indirect jobs with suppliers and supporting industries.
February 2024
NSTC in Albany, NY got more than $5 billion in funding. The NSTC is a public-private partnership that will perform research on next-generation semiconductor technologies by supporting the design, prototyping, and piloting of the latest semiconductor technologies.
January 2024
Microchip Technology Inc. got $162 million to increase its production of microcontroller units and other specialty semiconductors, and to support the modernization and expansion of fabrication facilities in Colorado Springs, CO, and Gresham, OR.
December 2023
The first of the CHIPS Act allocations, about $35 million, went to BAE Systems Inc., a federal government contractor. BAE was expected to use the money to help modernize an aging Nashua, NH facility and help quadruple the company’s production capacity for chips used in F-35 fighter jets.
