New York semiconductor research site receives $825M CHIPS Act funding for domestic manufacturing expansion.

A semiconductor research site in New York has been selected to receive $825 million in funding from the CHIPS Act. This investment aims to bolster domestic semiconductor manufacturing and innovation, enhancing the U.S. position in the global technology market. The funding is part of broader efforts to strengthen supply chains and reduce reliance on foreign semiconductor sources.

October 31, 2024
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