HP finalizes $53 million in CHIPS Act money for Oregon expansion
4 days ago · The Biden administration said Monday it has finalized a $53 million award for HP Inc. to expand research and manufacturing in Corvallis. The Commerce Department announced the subsidy last summer ...
Biden administration awards $53 million to HP in Corvallis for ...
3 days ago · HP also has benefited from a $9.5 million award from Oregon’s $210 million allocated to the semiconductor sector. Oregon leaders had hoped that the Biden administration would site the last of three semiconductor research centers in Oregon, and Gov. Tina Kotek had announced plans to bring more than 370 acres of farmland inside the urban growth ...
Corvallis tech community receives almost $100 million
2 days ago · The HP award follows the previously signed preliminary memorandum of terms, which was announced at Corvallis’ HP facility on Aug. 27. The U.S. Department of Commerce has since completed its due ...
Wyden, Merkley, Hoyle Welcome $53 Million CHIPS Investment in HP …
4 days ago · January 13, 2025 Wyden, Merkley, Hoyle Welcome $53 Million CHIPS Investment in HP in Corvallis. Washington, D.C. – U.S. Senators Ron Wyden and Jeff Merkley along with U.S. Rep. Val Hoyle welcomed today’s Biden administration announcement of a $53 million award from the federal CHIPS and Science Act to HP for its Corvallis facility. “This is great news for HP and its employees who are an ...
HP Secures $53 Million Chips Act - epsnews.com
4 days ago · HP’s Corvallis facility is a vital part of the company’s “lab-to-fab” ecosystem in the region, encompassing research and development (R&D) and commercial manufacturing operations. It is one of three R&D Centers of Excellence within HP’s global footprint, highlighting the strategic importance of this expansion. ...
Commerce Finalizes $53M Award to HP Under CHIPS Act
3 days ago · The Department of Commerce unveiled $53 million in direct funding under the CHIPS and Science Act to HP on Monday. The investment aims to expand and modernize one of HP’s facilities in Corvallis, Ore. President Biden signed the CHIPS and Science Act in 2022, investing up to $52 billion into semiconductor development.. This finalized award comes after the previously signed preliminary ...
$53 million in federal CHIPS money to help expand HP in Corvallis
4 days ago · FILE - The exterior of a building on the HP campus in Corvallis on March 6, 2023. Chris Lehman / KLCC. Technology company HP Inc. has been awarded $53 million to expand its Corvallis facilities as ...
CHIPS Act award for HP's Corvallis project finalized - Portland ...
4 days ago · The Biden administration and HP Inc. (NYSE: HPQ) finalized a $53 million CHIPS Act award that will support an expected investment of nearly a half billion dollars at the company's Corvallis campus.
HP CEO Statement on CHIPS Award
Aug 27, 2024 · HP is pleased to announce we have signed preliminary terms for a proposed $50 million award from the US Department of Commerce today from the CHIPS and Science Act in support of our microfluidics semiconductor fab in Corvallis, Oregon.
HP wins CHIPS Act funding for Corvallis facility | kgw.com
Aug 27, 2024 · CORVALLIS, Ore. — Hewlett Packard's longtime facility in Corvallis is set to receive both state and federal support for expansion and modernization as part of the CHIPS Act, officials...
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