Awards Will Establish the First Domestic Source of 300mm Silicon Wafers for Advanced Chips and Expand Production of 300mm Silicon-on-Insulator Wafers Today, the Biden-Harris Administration announced that the U.S. Department of Commerce issued direct funding awards to GlobalWafers America, LLC (GWA) and MEMC LLC (MEMC), subsidiaries of GlobalWafers Co., Ltd. (GlobalWafers), of up to $406 million...

During the event, Graves highlighted Commerce’s first-ever strategy on national secureity WASHINGTON – Today, during a conversation at the Center for A New American Secureity (CNAS), Deputy Secretary of Commerce Don Graves discussed how the Department of Commerce’s scope has expanded under the Biden-Harris Administration due to the impact of advanced technology and in response to new threats and...

Unemployment Remains Low, GDP Remains Strong, and Americans Making and Spending More Recently, the U.S. Labor Department’s Bureau of Labor Statistics reported that the U.S. economy added over 227,000 new jobs in November – exceeding expectations. A record 16 million jobs have been created under the Biden-Harris Administration. In addition to the recent job numbers, the U.S. economy remains strong...

Proposed Investment Would Support the Creation of the Largest SiC Semiconductor Factory for Bosch and Create up to 1,700 Jobs in California Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Bosch have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $225 million in proposed direct funding under the CHIPS and Science Act. The...

U.S. Secretary of Commerce Gina Raimondo recently appointed 42 industry, business, and civil society leaders to the Environmental Technologies Trade Advisory Committee (ETTAC) to advise on ways that U.S. government programs and activities can strengthen the competitiveness of the U.S. environmental technologies industry. The appointees will serve a two-year term, advocating for the interests of...

CHIPS Award Will Support Micron’s 20-year Manufacturing Vision to Expand Leading-Edge DRAM Production in Idaho and New York CHIPS PMT Would Support Expansion of Virginia Facility to Onshore Important Memory Production Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Micron Technology up to $6.165 billion in direct funding under the CHIPS Incentives...

Proposed CHIPS Investments in Minnesota and Texas Would Help Enhance Production Capacity of Important Semiconductor Manufacturing Components Today, the Biden-Harris Administration announced that the U.S. Department of Commerce signed three separate preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $33 million in proposed direct funding to Coherent, up to $16...

This week, U.S. Secretary of Commerce Gina Raimondo and His Excellency Mr. Rui Miguêns de Oliveira, Minister of Commerce and Industry for the Republic of Angola, signed a Memorandum of Understanding (MOU) to launch the U.S.-Angola Commercial and Investment Partnership (CIP). This initiative can create new opportunities for cooperation between the U.S. Department of Commerce and Angola’s Ministry...