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The designation of new technology hubs is a major implementation milestone of the new Microelectronics Commons program, created by the CHIPS Act. The Department of...
WASHINGTON. The U.S. Department of Defense (DoD) announced that $238 million in funding from the “Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act” (known as the CHIPS Act) will be divided between eight Microelectronics Commons so-called regional innovation hubs this year, marking the largest fund allocation to date under the U.S. government's CHIPS Act.
New York state has been awarded some of the first federal funding through the CHIPS & Science Act to its boost semiconductor industry, state and federal lawmakers announced on Wednesday. U.S. Senate Majority Leader Charles Schumer and Gov. Kathy Hochul announced the $40 million allocation thr
A New York–based consortium will use $40 million in federal funding to bolster workforce-training programs for the semiconductor industry and add new microelectronics equipment.
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