The U.S. Department of Commerce has decided to terminate a $285 million contract with the SMART USA Institute, which focuses on digital twins for chip manufacturing. This decision impacts the center's 121 members who aimed to enhance manufacturing efficiency and reduce costs.
SEMI has announced support for the SEMI Investment Act, which aims to extend the Advanced Manufacturing Investment Tax Credit through 2031 to include materials suppliers. This move is part of a broader effort to strengthen essential manufacturing in the semiconductor industry.
Rogue Valley Microdevices has received $6 million in Chips Act funding to open a new 50,000 sq ft facility in Florida. This marks the company's expansion out of Oregon and highlights its commitment to supporting local communities through childcare initiatives.
Onsemi has received €450 million in state aid from the Czech government, approved by the European Commission, to establish an integrated chip facility. This move aims to bolster the supply of silicon carbide (SiC) to meet the growing demand from the local electric vehicle (EV) market.