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Chandler-based Microchip Technology Inc. gets $162 million in federal funds to expand

The Biden administration is providing $162 million in incentives to expand facilities for an Arizona-based computer chip manufacturer.The funds provided to the Chandler-based Microchip Technology Inc. come from the CHIPS and Science Act signed by President Joe Biden in 2022.The incentives include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to
Colorado Springs United States Ruben Flores Joe Biden Lael Brainard White House National Economic Council
Source: kjzz.org

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