The United States is taking significant steps to bolster its semiconductor industry by announcing a $100 million investment aimed at integrating artificial intelligence into semiconductor research and manufacturing processes. This initiative, spearheaded by the US Commerce Department, is part of a broader funding strategy that totals $52.7 billion for chip manufacturing and research. The primary […]
US Grants $123 Million to Polar Semiconductor for Plant Expansion
In a significant move to bolster domestic semiconductor production, the US Commerce Department has awarded a $123 million grant to Polar Semiconductor, aimed at expanding its Minnesota facility. This initiative represents the first funding allocation from the Biden administration’s ambitious $52.7 billion semiconductor manufacturing and research subsidy program designed to enhance US competitiveness in this […]
