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U.S. to give 1.5 billion for computer-chip plant, heating up global race

Washington Post - Technology NewsFeb-19-2024, 10:00:19 GMT

The GlobalFoundries grant is the largest announced as part of the act. Since December, the administration has said it would award 35 million to BAE Systems, a defense contractor that makes a chip used in fighter jets, and 162 million to Microchip Technology, a company that builds memory chips and other widely used "microcontrollers" at fabs in Colorado and Oregon. More awards will be announced in the coming weeks, officials said.

artificial intelligence, computer-chip plant, global race

Washington Post - Technology News

Country:

North America > United States > New York (0.40)
North America > United States > Oregon (0.38)
North America > United States > Colorado (0.38)

Industry: Aerospace & Defense (1.00)

Technology: Information Technology > Artificial Intelligence (0.40)

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