(Reuters) -The U.S. Division of Commerce has finalized a subsidy of greater than $6.1 billion for Micron Know-how (NASDAQ:), marking one of many largest authorities awards to chip firms beneath the U.S. CHIPS and Science Act.
Under is an inventory of the big awards made to this point beneath the CHIPS and Science Act:
POLAR SEMICONDUCTOR
Polar Semiconductor, owned by Sanken Electrical and Allegro (WA:) MicroSystems, stated it might obtain as a lot as $123 million in direct funding. It plans to speculate about $525 million over the following two years to double the manufacturing capability of its Bloomingdale, Minnesota facility.
TEXAS INSTRUMENTS
Texas Devices (NASDAQ:) will obtain as a lot as $1.6 billion in direct funding to assist the development of three new home services.
MICRON
The U.S. Division of Commerce has finalized a subsidy of greater than $6.1 billion for the reminiscence chip maker to assist the development of a number of home semiconductor services.
SAMSUNG
The South Korean electronics big will likely be supplied as much as $6.4 billion to develop its services in Texas beneath a preliminary memorandum of phrases signed in April.
TSMC
The U.S. Commerce Division finalized a $6.6 billion authorities subsidy in November for Taiwan Semiconductor Manufacturing Co’s U.S. unit for semiconductor manufacturing in Phoenix, Arizona.
INTEL
The U.S. Commerce Division stated in November it was finalizing a $7.86 billion authorities subsidy for Intel (NASDAQ:), down from $8.5 billion introduced in March after the California-based chips maker gained a separate $3 billion award from the Pentagon.
GLOBALFOUNDRIES
In November, the U.S. finalized a $1.5 billion authorities subsidy for the world’s third-largest contract chipmaker to construct a semiconductor manufacturing facility in Malta, New York and develop present operations there and in Burlington (NYSE:), Vermont.
MICROCHIP TECHNOLOGY
The corporate will get $162 million in authorities grants, it was introduced in January, permitting the corporate to triple manufacturing of mature-node semiconductor chips and microcontroller items at two U.S. factories.
