The $200 billion piece of legislation called the CHIPS Act is critical to fixing supply chain issues in the economy, and towns are preparing to be transformed as Senate prepares to pass the bill.

Congress has approved billions to incentivize the Taiwan-based company to build factories in the U.S.

Washington – Micron Technology stands to gain about $5 billion in new tax breaks for its massive chipmaking complex in ...

SAN FRANCISCO (Reuters) -U.S. President Donald Trump's administration on Wednesday recommended implementing export controls ...

The money comes from the 2022 CHIPS Act, which President Joe Biden signed into law after it passed Congress with bipartisan support. Biden visited Wolfspeed's Durham headquarters in 2023.

AMD CEO Lisa Su told AI industry leaders and government officials that the increased price for TSMC's Arizona-based fab is ...