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Biden-Harris Administration

CHIPS Incentives Program Awards Samsung Electronics $4.7B

CHIPS Incentives Samsung
Funding will support Samsung’s investment of over $37B to turn its existing Central Texas presence into a comprehensive ecosystem for development and production of leading-edge chips in the U.S.
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Intel, BAE Systems, Rocket Lab Awarded Nearly $8B In CHIPS Incentives

CHIPS Incentives
Intel will receive up to $7.9B for projects in Arizona, New Mexico, Ohio, and Oregon; BAE Systems will receive up to $35.5M toward a New Hampshire investment; Rocket Lab will receive up to $23.9M to expand in New Mexico.
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Tech Hubs Program Funding Round Invests $504M In 12 Locations

This program, initiated by the Biden-Harris Administration, aims to scale up the production of critical technologies with these new tech hubs.
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CHIPS Incentives Program: Security Guardrails Finalized

Guardrails will ensure manufacturing and technology investments made under the CHIPS Act bolster technological and national security of U.S. and its allies and partners.
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11 STEM Workforce Training Programs Awarded $4.5M

A national competition, the 2023 STEM Talent Challenge funds science, technology, engineering, and math (STEM) training, fuels regional innovation economies across the U.S.
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U.S. Department Of Commerce Invests $3 Million In New Jersey

New Jersey welcomes a Business Industrial Park funded by a $3 million grant from the U.S. Department of Commerce.
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