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CHIPS and Science Act

GlobalFoundries Plans New York Advanced Packaging And Photonics Center

New York Advanced Packaging and Photonics Center
GF will make an initial investment of $575M, create 100 jobs at the New York Advanced Packaging and Photonics Center in Malta.

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.

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.

CHIPS For America Tags $28M To Establish SMART USA HQ In North Carolina

SMART USA, Semiconductor Manufacturing and Advanced Research with Twins USA, digital twin
With total combined funding of $1B, the investment will support the launch of the Semiconductor Manufacturing and Advanced Research with Twins USA institute in Durham, NC.

Geopolitical Uncertainty, Rising Costs Spur Increased Reshoring, Near-Shoring

Reshoring, Near-Shoring, Supply chain
Almost two-thirds of executives report ongoing investment and execution in reshoring, near-shoring and split-shoring moves by their businesses, reveals Bain & Company research.

Semiconductor Industry Locations: Innovating The Chips Landscape

Semiconductor Industry Locations
The semiconductor industry is on the move with record investment and sales, and with new ecosystems developing.

EFC Gases & Advanced Materials Will Invest $210M In McGregor, Texas

Plus, Crusoe Energy Systems and Lancium build a 200 MW AI data center outside Abilene and South Korean-based Tesla supplier Futronic USA plans a $28 million facility in Buda.

Polar Semiconductor To Invest $525M In Minnesota Expansion

Polar Semiconductor will expand its Bloomington, MN manufacturing facility, with $120M in support from the U.S. CHIPS and Science Act, $75M from the Minnesota Forward Fund.

Samsung And Tesla Projects Impact Austin; Port Of Brownsville Attracts $25M Food Investment

In Williamson County, TX, continued investment by Samsung and Tesla is fueling economic growth, while Westa Foods locates in the south Texas region.

Four Intel Projects Targeted For $8.5B CHIPS And Science Act Funds

U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.

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