U.S. Department of Commerce Announces Preliminary …

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Macom Awarded $70M In CHIPS Funding - Yahoo Finance

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1 day ago · The Department of Commerce will provide up to $70 million to chipmaker Macom under the CHIPS and Science Act to expand its facilities in Lowell, Massachusetts, and …

yahoo.com

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CHIPS Act Funding Will Create More Jobs In Durham After MACOM …

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Days before the Biden administration's term ends, the U.S. Commerce Department approved a $70 million CHIPS and Science Act grant that will again benefit the Triangle region. Why it …

msn.com

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MACOM Signs Preliminary Memorandum Of Terms For Up To $70 …

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2 days ago · WASHINGTON, DC – Today, Congresswoman Lori Trahan (MA-03) applauded the U.S. Department of Commerce’s signing of a preliminary memorandum of terms with MACOM …

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Chipmaker Macom To Add Jobs With CHIPS Act Funding

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1 day ago · It involves $70 million from the U.S. Department of Commerce. Macom also plans to claim the Department of Treasury’s Advanced Manufacturing Investment Credit, worth up to …

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$70m CHIPS Support For Macom Fabs? - News

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1 day ago · The US Department of Commerce has signed a preliminary memorandum of terms with Macom Technology to provide up to $70 million in proposed direct funding under the …

compoundsemiconductor.net

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Commerce Department To Provide $70 Million To MACOM To …

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1 day ago · The Commerce Department on Tuesday signed non-binding preliminary deal terms with U.S. semiconductor designer and manufacturer MACOM Technology Solutions to provide …

defensedaily.com

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Commerce Department And MACOM Partner To Bolster U.S.

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22 hours ago · The U.S. Department of Commerce has signed a preliminary memorandum of terms (PMT) with MACOM Technology Solutions Inc., proposing up to $70 million in direct …

globaltrademag.com

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MACOM Wins $70m In CHIPS Funding To Expand Telco …

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2 days ago · MACOM wins $70m in CHIPS funding to expand telco semiconductor manufacturing ... the US national economic advisor. MACOM’s funding award is the latest in a string of deals …

capacitymedia.com

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U.S. Department Of Commerce Proposes $70M Investment For …

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1 day ago · The U.S. Department of Commerce signed a non-binding preliminary memorandum of terms (PMT) with MACOM Technology Solutions Inc. to provide up to $70 million in proposed …

everythingpe.com

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MACOM Announces Strategic Capital Investment Plan

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1 day ago · MACOM’s five-year strategic investment plan of up to $345 million is supported by a recently executed preliminary, non-binding agreement with the CHIPS Program Office, which …

businesswire.com

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MACOM Unveils Five-year, $345m Plan To Expand 100mm GaN And …

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2 days ago · MACOM unveils five-year, $345m plan to expand 100mm GaN and GaAs production and introduce 150mm GaN ... which would provide for proposed direct funding from the US …

semiconductor-today.com

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Semiconductor Firm To Grow Triangle Operations With New CHIPS …

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1 day ago · Earlier this month, the Commerce Department finalized its $285 million payment to help fund a future semiconductor research center in Durham. This week’s preliminary $70 …

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FAQs about U.S. Department of Commerce Announces Preliminary … Coupon?

How does MACOM pay for its expansion?

Macom plans to offset half the expansion costs through a combination of CHIPS funding, federal investment tax credits and direct state funding, including $15.7 million from the Massachusetts Technology Collaborative. For building out its workforce, Macom plans to expand training, internships and collaborations with universities. ...

Why does the Macom grant matter?

Why it matters: The grant will go to the Massachusetts-based semiconductor firm MACOM, which plans to expand its facility in Durham and hire across its locations here and in Lowell, Mass. Driving the news: The U.S. Commerce Department said the investment would create 350... ...

Will a $70 million chips and Science Act grant help Durham & Lowell?

Days before the Biden administration 's term ends, the U.S. Commerce Department approved a $70 million CHIPS and Science Act grant that will again benefit the Triangle region. Driving the news: The U.S. Commerce Department said the investment would create 350 jobs across Durham and Lowell. ...

What is MACOM doing in Massachusetts?

For its Massachusetts facility, Macom plans to expand its cleanrooms, perform infrastructure upgrades, modernize its current 100-mm production lines and add a 150mm GaN-on-silicon manufacturing capability for advanced node applications. ...

How will MACOM's funding affect the semiconductor industry?

The funding will increase Macom’s production of critical compound semiconductors, such as 100-millimeter gallium nitride and gallium arsenide, which are critical for defense and commercial systems. The money would also introduce production of 150mm GaN, according to the DOC release. ...

Where is MACOM located?

Macom's Ann Arbor, Michigan, plant. The semiconductor manufacturer received CHIPS funding for its Massachusetts and North Carolina facilities. · Manufacturing Dive · Courtesy of Macom This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. ...