Department of Commerce Announces Preliminary Terms with Analog Devices …
6 days ago · Today, the U.S. Department of Commerce announced the signing of four separate non-binding preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $105 million in proposed direct funding to Analog Devices, Inc. (NASDAQ: ADI). ADI is at the forefront of innovation in the expansion of U.S. semiconductor manufacturing.
Analog Devices lands $105 million in federal CHIPS money for
The latest round of federal CHIPS Act awards includes $105 million for Analog Devices to upgrade its factories in the suburbs around Portland and Boston, the Commerce Department announced early ...
Analog Devices Inc. (Oregon) | NIST
On January 16, 2025, the Biden-Harris Administration announced that the U.S. Department of Commerce and Analog Devices, Inc. (“ADI”) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $105 million in proposed direct funding under the CHIPS and Science Act. The proposed investment would support the modernization ...
Press Releases | News | U.S. Senator Maria Cantwell of Washington
6 days ago · The award would also allow Analog Devices to expand financial support for manufacturing employees working towards associate degrees and technical certifications. Sen. Cantwell was the main architect and key negotiator of the bipartisan CHIPS & Science Act, which authorized $76 billion
Analog Devices’ Camas, Beaverton Semiconductor Plants to …
Dept. of Commerce signs agreement to fund expansion of company’s plants in Silicon Forest and Massachusetts, plus job training WASHINGTON, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation, and U.S. Representative Marie ...
Analog Devices Inc. (Massachusetts) | NIST - National Institute of ...
On January 16, 2025, the Biden-Harris Administration announced that the U.S. Department of Commerce and Analog Devices, Inc. (“ADI”) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $105 million in proposed …
$105M CHIPS Act award to back Analog Devices growth in …
6 days ago · The Biden administration on Thursday announced a CHIPS Act award of up to $105 million for Analog Devices Inc. (Nasdaq: ADI), which has a semiconductor wafer fab in Beaverton and a smaller factory ...
Analog Devices, Coherent to Get Chips Act Funding
6 days ago · The U.S. government is awarding Analog Devices and Coherent up to $184 million to help the companies advance key semiconductor technologies.
Department of Commerce signs four new CHIPS funding …
5 days ago · The US Department of Commerce has signed four separate non-binding preliminary memoranda of terms to award more than $246 million in CHIPS Act funding to four organizations. Analog Devices, Coherent, Intelligent Epitaxy Technology, and Sumika Semiconductor Materials Texas are expected to be awarded $105 million, $79 million, $10.3 million, and ...
Press Release: CREDC Facilitates Analog Devices’ Access to CHIPS Act ...
6 days ago · FOR IMMEDIATE RELEASE — JANUARY 16, 2025. Vancouver, WA — The U.S. Department of Commerce announced up to $105 million in proposed direct funding to Analog Devices, Inc. (ADI) as part of the CHIPS and Science Act. This milestone is directly tied to the $300,000 awarded to ADI from Washington State’s Economic Development Strategic Reserve Fund (SRF), which was critical in securing a piece ...
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