US Awards Chip Supplier $162 Million to Bolster Critical Industries. The Biden administration said its second grant under a new program, intended to help ensure that US companies have a stable supply of semiconductors, would help Microchip Technology expand its facilities in Oregon and Colorado.

1 comment

1. More on this subject from other reputable sources:

   —
   – The Hill (B): [Biden administration awarding $162M to expand computer chip factories in Colorado, Oregon](https://thehill.com/homenews/administration/4388788-biden-administration-funding-chip-factories-colorado-oregon/)
   – ABC News (B+): [Biden administration announces $162M to expand computer chip factories in 2 states](https://abcnews.go.com/US/wireStory/biden-administration-announces-162-million-expand-computer-chip-106095436)
   – NBC News (B+): [Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon ](https://www.nbcnews.com/tech/tech-news/biden-administration-announces-162-million-expand-computer-chip-factor-rcna132227)
   – Reuters (A+): [US plans $162 million award to Microchip Technology to boost production](https://www.reuters.com/technology/us-plans-162-million-award-microchip-technology-boost-production-2024-01-04/)

   —
   [__Extended Summary__](https://www.reddit.com/r/newswall/comments/18ylwym/) | [FAQ & Grades](https://www.reddit.com/r/newswall/comments/uxgfm5/faq_newswall_bot/) | I’m a bot