US Department of Commerce

United States

Activity by year

202420252026

ExpansionInvestment

Announcements · 3

Jul 26, 2024INVESTMENTPeoria, Arizona, United States$2.00B2,000 jobsops 2027
Amkor signs preliminary terms with US Commerce for $2B Arizona packaging facility
Amkor Technology signed a non-binding preliminary memorandum of terms with the US Department of Commerce to receive up to $400 million in direct funding and $200 million in loans under the CHIPS Act for its planned advanced packaging and test facility in Peoria, Arizona. Amkor projects to invest approximately $2 billion and employ about 2,000 people.
Amkor Technology US Department of Commerce investor #Semiconductors and Industrial Electronics ir.amkor.com
May 13, 2024EXPANSIONBloomington, Minnesota, United States$120.0M
Polar Semiconductor receives $120M CHIPS grant for Bloomington expansion
Polar Semiconductor will receive up to $120 million in federal funding under the CHIPS and Science Act to expand its Bloomington, Minnesota manufacturing facility, potentially doubling U.S. production capacity.
Polar Semiconductor US Department of Commerce partner #Semiconductors and Industrial Electronics klobuchar.senate.gov reuters.com
Apr 15, 2024INVESTMENTTaylor, Texas; Austin, Texas, United States$6.40B20,000 jobs
US grants Samsung $6.4B for chip manufacturing in Texas
The US Department of Commerce signed a preliminary memorandum with Samsung for $6.4 billion in direct funding under the CHIPS Act to support a new chip manufacturing hub in Taylor, Texas, and expansion of an existing site in Austin, creating over 20,000 jobs.
Samsung US Department of Commerce investor #Semiconductors and Industrial Electronics forbesmiddleeast.com

Dealingsⓘ

Invested in

Amkor Technology2024
Samsung2024

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