Lutnick wants companies that won CHIPS funding to pledge bigger investments. The goal is to generate billions more in commitments without increasing the size of the grants ... get rid of it ...

The letter comes after Trump called the CHIPS Act a “horrible, horrible thing” during a joint address to Congress last month ...

The company will get $162 million in government grants, it was announced in January, allowing the company to triple production of mature-node semiconductor chips and microcontroller units at two U ...

The transition to this new structure will begin immediately, with financial reporting under the new organization set to start in the fourth quarter of fiscal year 2025. Micron Technology last ...