Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon - New Delhi Times - India's Only International Newspaper
The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing. The incentives announced Thursday include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a…