July 30 : The U.S. Department of Commerce said on Tuesday it has signed letters of intent to provide $874 million in incentives to seven companies developing semiconductor technologies for AI and advanced computing systems.The funding, to be issued under the CHIPS and Science Act, is part of a broader U.S. ef

The award is part of President Donald Trump's effort to direct CHIPS Act research funding toward critical semiconductor technologies as Washington seeks to strengthen its…

July 30 : The U.S. Department of Commerce said on Tuesday it has signed letters of intent to provide $874 million in incentives to seven companies developing semiconductor…