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Biden-Harris Administration Announces CHIPS Incentives Award with HP to Support Domestic Manufacturing of Next-Generation Technologies and “Lab-to-Fab” Ecosystem

News Manufacturing & Supply Chain General Updates
Date: 13th Jan, 2025 Source: US Department of Commerce Country: USA Original Source

Brief

On Monday, January 13, 2025, the US Department of Commerce issued an update regarding Biden-Harris Administration Announces CHIPS Incentives Award with HP to Support Domestic Manufacturing of Next-Generation Technologies and “Lab-to-Fab” Ecosystem. The $53 million funding will support HP's expansion and modernization of its facility in Corvallis, Oregon, expected to create nearly 150 construction jobs and over 100 manufacturing jobs, further strengthening the US semiconductor capabilities.

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US Department of Commerce

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