Page 2 - Hips Act News Today

Despite the apparent policy gulf between the two presidential candidates, both harbor nearly identical protectionist instincts. 

LOWELL — A company that operated the computer guidance system that helped land Apollo 11 on the moon is coming to Lowell, to be an anchor tenant in the Lowell Innovation Network Corridor project that was announced last week.

Intel is embarking on a major expansion and upgradation programme, involving investment of $100 billion, by setting up manufacturing facilities in four US states and upgrading existing facilities

The shortfall is disrupting plans to distribute money from the Chips Act, a landmark piece of legislation meant to revitalise the US semiconductor industry.

It is believed differences are about policy matters, not partisan divide

China could close the gap with the US in terms of artificial intelligence (AI) within one or two years, the Global Times writes, thanks to the Peoples Republics breakthroughs in the field.

Speaking at Intel's recent foundry event, United States Secretary of Commerce (SecCom) Gina Raimondo said that federal subsidies are essential for the US to become a new...

Intel has reportedly demanded more subsidies from the Biden administration under the CHIPS Act, as it ramps up new facilities in the USA.

GlobalFoundries is set to embark on the construction of a new fabrication facility in Malta, New York, aiming to introduce "high-value technologies currently unavailable in the US."

The funding for this stems from the CHIPS and Science Act, passed by Congress in 2022, to fight a chip shortage exacerbated by the COVID-19 pandemic.