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Biden Administration announces strategy for $50 billion CHIPs Act spending

Earlier this week, the US Department of Commerce outlined plans for a rollout of $50 billion in funding for domestic semiconductor chip manufacturing as...
US chip production

Congress approves $280 bln bill to bolster US chip production

Late last week, a bipartisan majority in the House approved a $280 billion piece of legislation meant to revive American production of semiconductor chips, a...

Senate moves forward with $50 billion bill to bolster US chip...

The U.S. Senate has approved a reduced version of a bill that aims to increase semiconductor competition with China and reduce dependency on Asian manufacturers. The bill provides about...

Ford and GlobalFoundries partnership aims to cut into chip shortage

On Thursday, Nov 18, Ford Motor Company and GlobalFoundries announced an initiative to boost the supply of much-needed semiconductor microchips for US manufacturing. The two companies will collaborate “to advance semiconductor manufacturing and technology development” at home in the U.S. with the goal of boosting quantities in the supply chain and taking back control. According […]
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