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✉news TechnologySemiconductors first seen 17 h ago, last 2 h ago, peak #2

Commerce Department signs letters of intent with four chip firms

Original: Department of Commerce Announces Letters of Intent With 4 Companies for $389 Million of R&D Awards to Strengthen America’s Energy Semiconductor Supply Chain | NIST

The Department of Commerce, through NIST, has announced letters of intent with four companies for $389 million in research and development awards aimed at strengthening America's energy semiconductor supply chain. The awards are part of federal efforts to boost domestic semiconductor manufacturing and reduce reliance on foreign suppliers, a priority under the CHIPS initiative.

Why now: The US government is ramping up investment in domestic semiconductor manufacturing, drawing attention to new industrial policy funding.

Department of CommerceNISTUS semiconductor industry

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