raimondo: Chips for America: US expects to make multi-billion chips awards within the next year
Commerce Secretary Gina Raimondo plans to announce a dozen semiconductor chip funding awards within a year, aiming to elevate U.S. chip production with multi-billion dollar investments. The first, $35 million, aids BAE Systems for fighter plane chips. Raimondo targets increasing U.S. semiconductor output to nearly 20%, focusing on advanced manufacturing and military needs. With significant interest, companies like Intel and Micron vie for a share of the $39 billion Congress allocated for manufac...
United States Gina Raimondo Secretary Gina Raimondo Chip Production Chip Program Semiconductor Chips
Source: indiatimes.com