DoC In Preliminary Deal With Semiconductor Firm To Boost U.S. Production Of Chips That Will Aid Aerospace And Defense

U.S. Commerce Secretary Gina Raimondo. Photo: Department of Commerce

By Cal Biesecker |
@calvinb21
10 months ago |
01/04/2024

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The Biden administration on Thursday said the Department of Commerce has agreed to preliminary terms with Microchip Technology Inc. [MCHP] to provide $162 million in federal incentives to boost the company’s domestic production of microcontroller chips used in…

DoC In Preliminary Deal With Semiconductor Firm To Boost U.S. Production Of Chips That Will Aid Aerospace And Defense

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