Since the passage of the CHIPS and Science Act last August, eight companies have already received more than half of the planned government direct funding.
These companies have collectively received $29.34 billion in funding through the CHIPS Act for semiconductor factories across the country.
As of writing, Intel, Micron, Global Foundries, Polar Semiconductor, Taiwan Semiconductor Manufacturing Company (TSMC), Samsung, BAE Systems, and Microchip Technology have been the direct beneficiaries of the law.
Intel received the biggest direct investment through the CHIPS Act, with $8.5 billion for its semiconductor projects.
She said the department is prioritizing projects that will be operational by 2030 and some “very strong” proposals from companies may never get funding through the act.
The Biden administration announced in February that it will also start funding research into substrate packaging technologies, which would help create more leading-edge semiconductors.
The original article contains 437 words, the summary contains 140 words. Saved 68%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Since the passage of the CHIPS and Science Act last August, eight companies have already received more than half of the planned government direct funding.
These companies have collectively received $29.34 billion in funding through the CHIPS Act for semiconductor factories across the country.
As of writing, Intel, Micron, Global Foundries, Polar Semiconductor, Taiwan Semiconductor Manufacturing Company (TSMC), Samsung, BAE Systems, and Microchip Technology have been the direct beneficiaries of the law.
Intel received the biggest direct investment through the CHIPS Act, with $8.5 billion for its semiconductor projects.
She said the department is prioritizing projects that will be operational by 2030 and some “very strong” proposals from companies may never get funding through the act.
The Biden administration announced in February that it will also start funding research into substrate packaging technologies, which would help create more leading-edge semiconductors.
The original article contains 437 words, the summary contains 140 words. Saved 68%. I’m a bot and I’m open source!