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Rocket Lab gets up to $23.9 million in CHIPS funding
Rocket Lab gets up to $23.9 million in CHIPS funding for space-grade solar cells
The Department of Commerce has finalized federal funding for two more recipients under the CHIPS and Science Act. One of those is Rocket Lab, which has secured up to $23.9 million in funding to boost production of space-grade solar cells that power satellites and spacecraft.
US Finalizes Awards to BAE Systems, Rocket Lab for Semiconductor Chips
WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to build chips used in jets and satellites, and for Rocket Lab to build compound semiconductors used in satellites and spacecraft.
$35.5M for BAE Systems to quadruple chip production in NH finalized
WASHINGTON - The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to build chips used in jets and satellites, and
Rocket Lab Signs $23.9M CHIPS Incentives Award to Boost Semiconductor Manufacturing
Earlier this year, the Company announced the signing of a preliminary terms sheet for funding under the CHIPS and Science Act. This award underscores Rocket Lab's pivotal role in U.S. innovation and the space industry's supply chain.
Intel’s CHIPS Act grant reduced
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.
Intel expects reduced U.S. grant after winning defense contract
Intel expects a small reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker, according to a person familiar with the matter. The $8.5 billion in direct grants were part of a larger package of loan guarantees,
4h
Biden administration rushes to distribute final chips program funding
I’d like to have really almost all of the money obligated by the time we leave,” Commerce Secretary Gina Raimondo said.
ConsumerAffairs
4h
Tortilla chips recalled because they contain undeclared gluten
Sugar Foods is recalling 3.5 ounce pouches of Fresh Gourmet Tortilla Strips Santa Fe Style because the ingredients list could ...
2d
on MSN
The Next AI Battle: Who Can Get the Most Nvidia Chips in One Place
Some industry giants are building so-called super clusters of computer servers that cost billions of dollars and contain ...
6d
on MSN
Sagence is building analog chips to run AI
Sagence AI, the startup previously known as Analog Inference, is building analog chips to run AI models more efficiently.
23h
Nvidia Stock May Rise As Musk Aims To Buy $9 Billion In AI Chips
If Nvidia significantly exceeds conservative growth targets with help from Blackwell, the stock could rise despite slowing ...
6d
US finalizes $6.6 billion CHIPS award for TSMC ahead of Trump return as Intel waits
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...
3d
EU Chips Act 2.0 should include legacy chips, says industry group chief
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...
1h
AI’s Future and Nvidia’s Fortunes Ride on the Race to Pack More Chips Into One Place
Musk’s xAI and Meta are among those building super clusters of computer servers with as many as 100,000 of Nvidia’s most ...
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