CINXE.COM
Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense | U.S. Department of Commerce
<!DOCTYPE html> <html lang="en" dir="ltr" prefix="content: http://purl.org/rss/1.0/modules/content/ dc: http://purl.org/dc/terms/ foaf: http://xmlns.com/foaf/0.1/ og: http://ogp.me/ns# rdfs: http://www.w3.org/2000/01/rdf-schema# schema: http://schema.org/ sioc: http://rdfs.org/sioc/ns# sioct: http://rdfs.org/sioc/types# skos: http://www.w3.org/2004/02/skos/core# xsd: http://www.w3.org/2001/XMLSchema# "> <head> <meta charset="utf-8" /> <noscript><style>form.antibot * :not(.antibot-message) { display: none !important; }</style> </noscript><script async src="https://www.googletagmanager.com/gtag/js?id=G-43SPHKNB7Z"></script> <script>window.dataLayer = window.dataLayer || [];function gtag(){dataLayer.push(arguments)};gtag("js", new Date());gtag("set", "developer_id.dMDhkMT", true);gtag("config", "G-43SPHKNB7Z", {"groups":"default","page_placeholder":"PLACEHOLDER_page_location","allow_ad_personalization_signals":false});gtag("config", "UA-122485059-1", {"groups":"default","anonymize_ip":true,"page_placeholder":"PLACEHOLDER_page_path","allow_ad_personalization_signals":false});</script> <link rel="canonical" href="https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award" /> <link rel="shortlink" href="https://www.commerce.gov/node/6988" /> <meta name="generator" content="Drupal 8 (https://www.drupal.org)" /> <meta name="description" content="CHIPS Investment of Up to $1.5 Billion Will Support Multiple Projects in New York and Vermont and Create Approximately 10,000 Good Construction and Manufacturing Jobs" /> <meta name="keywords" content="," /> <meta property="og:site_name" content="U.S. Department of Commerce" /> <meta property="og:type" content="News" /> <meta property="og:url" content="https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award" /> <meta property="og:title" content="Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense" /> <meta property="og:description" content="CHIPS Investment of Up to $1.5 Billion Will Support Multiple Projects in New York and Vermont and Create Approximately 10,000 Good Construction and Manufacturing Jobs" /> <meta property="og:image:url" content="https://www.commerce.gov/sites/default/files/2021-03/commerce_twittercard_default.png" /> <meta property="og:updated_time" content="2024-11-21T09:55:03-05:00" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:site" content="@CommerceGov" /> <meta name="twitter:description" content="CHIPS Investment of Up to $1.5 Billion Will Support Multiple Projects in New York and Vermont and Create Approximately 10,000 Good Construction and Manufacturing Jobs" /> <meta name="twitter:title" content="Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense" /> <meta name="twitter:url" content="https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award" /> <meta name="twitter:image" content="https://www.commerce.gov/sites/default/files/2021-03/commerce_twittercard_default.png" /> <meta name="Generator" content="Drupal 9 (https://www.drupal.org)" /> <meta name="MobileOptimized" content="width" /> <meta name="HandheldFriendly" content="true" /> <meta name="viewport" content="width=device-width, initial-scale=1.0" /> <link rel="icon" href="/themes/custom/commerce/assets/img/favicons/favicon.svg" type="image/svg+xml" /> <title>Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense | U.S. Department of Commerce</title> <link rel="stylesheet" media="all" href="/sites/default/files/css/css_ITzG_cFVXpByBy0yam4A1-gIQg6gB72RjhIFalEPamM.css" /> <link rel="stylesheet" media="all" href="/sites/default/files/css/css_ywfcVqIZC45G2IIr0QmAsDLklOs6S9nhLNvWgIRXIng.css" /> <link rel="stylesheet" media="all" href="/sites/default/files/css/css_9KBlq8AjCgYtJN-oE3FKIU-lO7tHszKsNzmgZ5IW7Ds.css" /> <link rel="stylesheet" media="all" href="/sites/default/files/css/css_oZxccYcvLeF3N_10JggoTXMaFgyZ_vpKwTtFcCvmi0s.css" /> <link rel="stylesheet" media="all" href="/sites/default/files/css/css_FeqO6N8R02_fC8clS4w4acKpSRw6oU1UB5KdaYiYKNA.css" /> <script src="//use.fontawesome.com/releases/v5.12.0/js/all.js" defer crossorigin="anonymous"></script> <script src="//use.fontawesome.com/releases/v5.12.0/js/v4-shims.js" defer crossorigin="anonymous"></script> <link rel="apple-touch-icon" sizes="180x180" href="/themes/custom/commerce/assets/img/favicons/apple-touch-icon.png"> <link rel="icon" type="image/png" sizes="32x32" href="/themes/custom/commerce/assets/img/favicons/favicon-32x32.png"> <link rel="icon" type="image/png" sizes="16x16" href="/themes/custom/commerce/assets/img/favicons/favicon-16x16.png"> <link rel="manifest" href="/themes/custom/commerce/assets/img/favicons/site.webmanifest"> <link rel="mask-icon" href="/themes/custom/commerce/assets/img/favicons/safari-pinned-tab.svg" color="#5bbad5"> <meta name="msapplication-TileColor" content="#2b5797"> <meta name="theme-color" content="#ffffff"> </head> <body class="doc-site doc-frontpage doc-node path-node page-node-type-news"> <div class="skip-main" role="complementary" aria-label="skip-to-main"> <a href="#main-content" class="visually-hidden focusable skip-link"> Skip to main content </a> </div> <div class="dialog-off-canvas-main-canvas" data-off-canvas-main-canvas> <section class="usa-banner" aria-label="Official government website"> <div class="usa-accordion"> <header class="usa-banner__header"> <div class="usa-banner__inner"> <div class="grid-col-auto"> <img class="usa-banner__header-flag" src="/themes/custom/commerce/assets/img/us_flag_small.png" alt="U.S. flag"> </div> <div class="grid-col-fill tablet:grid-col-auto"> <p class="usa-banner__header-text">An official website of the United States government</p> <p class="usa-banner__header-action" aria-hidden="true">Here’s how you know</p> </div> <button class="usa-accordion__button usa-banner__button" aria-expanded="false" aria-controls="gov-banner"> <span class="usa-banner__button-text">Here’s how you know</span> </button> </div> </header> <div class="usa-banner__content usa-accordion__content" id="gov-banner"> <div class="grid-row grid-gap-lg"> <div class="usa-banner__guidance tablet:grid-col-6"> <img class="usa-banner__icon usa-media-block__img" src="/themes/custom/commerce/assets/img/icon-dot-gov.svg" role="presentation" alt="Dot gov"> <div class="usa-media-block__body"> <p> <strong> Official websites use .gov </strong> <br/> A <strong>.gov</strong> website belongs to an official government organization in the United States. </p> </div> </div> <div class="usa-banner__guidance tablet:grid-col-6"> <img class="usa-banner__icon usa-media-block__img" src="/themes/custom/commerce/assets/img/icon-https.svg" role="presentation" alt="Https"> <div class="usa-media-block__body"> <p> <strong> Secure .gov websites use HTTPS </strong> <br/> A <strong>lock</strong> (<span class="icon-lock"><svg xmlns="http://www.w3.org/2000/svg" width="52" height="64" viewBox="0 0 52 64" class="usa-banner__lock-image" role="presentation" aria-labelledby="banner-lock-title banner-lock-description"><title id="banner-lock-title">Lock</title><desc id="banner-lock-description">A locked padlock</desc><path fill="#000000" fill-rule="evenodd" d="M26 0c10.493 0 19 8.507 19 19v9h3a4 4 0 0 1 4 4v28a4 4 0 0 1-4 4H4a4 4 0 0 1-4-4V32a4 4 0 0 1 4-4h3v-9C7 8.507 15.507 0 26 0zm0 8c-5.979 0-10.843 4.77-10.996 10.712L15 19v9h22v-9c0-6.075-4.925-11-11-11z"/></svg></span>) or <strong>https://</strong> means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites. </p> </div> </div> </div> </div> </div> </section> <div class="usa-overlay"></div> <header class="usa-header usa-header--extended usa-header--extended-megamenu" role="banner"> <div class="usa-navbar"> <div class="region region-header"> <div class="usa-logo with-seal" id="logo"> <div class="doc-seal"> <a class="logo-img" href="/" title="Home" aria-label="U.S. Department of Commerce"> <img src="/themes/custom/commerce/assets/img/doc_logo.png" width="92" height="92" alt="U.S. Department of Commerce Logo"/> </a> </div> <div class="doc-office-title"> <h1 class="usa-logo-text"> <a href="/" accesskey="1" title="Home" aria-label="U.S. Department of Commerce"> U.S. Department of Commerce </a> </h1> </div> </div> </div> <button class="usa-menu-btn">Menu</button> </div> <nav class="usa-nav" role="navigation"> <button class="usa-nav__close"> <img src="/themes/custom/commerce/assets/img/close.svg" alt="close" /> </button> <div class="usa-nav__inner"> <div class="usa-nav-mobile"> <div class="region region-mobile-menu"> <div id="block-fixed-block-content-doc-mobile-search-fixed-block" class="block block-fixed-block-content block-fixed-block-contentdoc-mobile-search-fixed-block"> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><div class="usasearch-search-block-form usa-form-large block block-usasearch block-usasearch-search-form-block" data-drupal-selector="usasearch-search-block-form" id="commerce_search_block_mobile"> <form accept-charset="UTF-8" action="https://search.commerce.gov/search" class="usa-search usa-search--small" data-drupal-selector="usasearch-search-block-form-2" method="GET"> <div class="js-form-item form-item js-form-type-search form-item-query js-form-item-query form-no-label"><label class="visually-hidden" for="mobile_query">Search</label><br /> <input aria-autocomplete="list" aria-haspopup="" autocomplete="off" class="usagov-search-autocomplete form-search" data-drupal-selector="edit-query" id="mobile_query" maxlength="128" name="query" placeholder="Search" size="50" title="Enter the terms you wish to search for." type="search" value="" /></div> <input data-drupal-selector="edit-affiliate" name="affiliate" type="hidden" value="www.commerce.gov" /> <div class="form-actions js-form-wrapper form-wrapper"> <input class="usa-button js-form-submit form-submit" type="submit" value="Search" /></div> </form> </div> </div> </div> <ul class="usa-nav__mobile usa-accordion" aria-multiselectable="true"> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link aria-expanded="false" aria-controls="basic-mega-nav-section-/about"> <span>ABOUT</span> </button> <div id="basic-mega-nav-section-/about" class="usa-nav__submenu usa-megamenu" hidden="" > <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/about" > <span>Our mission </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/about/leadership/gina-m-raimondo"> <span>Meet the Secretary</span> </button> <ul id="basic-nav-section-/about/leadership/gina-m-raimondo" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="https://www.commerce.gov/news/blog?tags%5B0%5D=243" > <span>Blogs </span> </a> </li> <div class="usa-col level-2"> <a href="https://www.commerce.gov/news/press-releases?tags%5B0%5D=243" > <span>Press Releases </span> </a> </li> <div class="usa-col level-2"> <a href="https://www.commerce.gov/news/speeches?tags%5B0%5D=243" > <span>Speeches </span> </a> </li> <div class="usa-col level-2"> <a href="https://www.commerce.gov/news/op-eds?tags%5B0%5D=243" > <span>Op-eds </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/about/leadership" > <span>Leadership </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/bureaus-and-offices" > <span>Bureaus and offices </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/about/strategic-plan" > <span>Strategic Plan </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/equity"> <span>Equity</span> </button> <ul id="basic-nav-section-/equity" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/about/equity/equity-deia-council" > <span>Equity (DEIA) Council </span> </a> </li> <div class="usa-col level-2"> <a href="/news/blog?tags%5B0%5D=273" > <span>DEIA Blogs </span> </a> </li> <div class="usa-col level-2"> <a href="/about/equity/interagency-convening-equitable-economic-growth" > <span>Interagency Convening on Equitable Economic Growth </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/about/budget-and-performance"> <span>Budget and performance</span> </button> <ul id="basic-nav-section-/about/budget-and-performance" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/about/budget-and-performance/evaluation" > <span>Evaluation </span> </a> </li> <div class="usa-col level-2"> <a href="/about/budget-and-performance/past-budgets-performance-reports" > <span>Past Budgets & Performance Reports </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/about/combined-federal-campaign"> <span>Combined Federal Campaign</span> </button> <ul id="basic-nav-section-/about/combined-federal-campaign" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="https://cfcgiving.opm.gov/welcome" > <span>Donate </span> </a> </li> <div class="usa-col level-2"> <a href="/about/combined-federal-campaign/2024-commerce-cfc-team" > <span>2024 Commerce CFC Team </span> </a> </li> <div class="usa-col level-2"> <a href="/about/combined-federal-campaign/campaign-worker-resources" > <span>Campaign Worker Resources </span> </a> </li> <div class="usa-col level-2"> <a href="/about/combined-federal-campaign/cfc-events" > <span>CFC Events </span> </a> </li> <div class="usa-col level-2"> <a href="/about/combined-federal-campaign/leadership-video-messages" > <span>Leadership Video Messages </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/about/history"> <span>History</span> </button> <ul id="basic-nav-section-/about/history" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/about/history/origins" > <span>Origins: 1776-1913 </span> </a> </li> <div class="usa-col level-2"> <a href="/about/history/evolution" > <span>Evolution: 1913-1995 </span> </a> </li> <div class="usa-col level-2"> <a href="http://2001-2009.commerce.gov/opa/photo/DOC_100/100yrs/Gallery.html" > <span>Photos from 100th anniversary </span> </a> </li> <div class="usa-col level-2"> <a href="/about/history/past-secretaries" > <span>Secretaries of Commerce </span> </a> </li> <div class="usa-col level-2"> <a href="http://library.doc.gov/about-us/doc-history/secretaries-speeches" > <span>Speeches of past Secretaries </span> </a> </li> <div class="usa-col level-2"> <a href="/about/history/hchb" > <span>Herbert Clark Hoover Building </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/about/policies"> <span>Policies</span> </button> <ul id="basic-nav-section-/about/policies" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/about/policies/accessibility" > <span>Accessibility </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/artificial-intelligence-use-cases-inventory" > <span>Artificial Intelligence Use Cases Inventory </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/comments" > <span>Comment policy </span> </a> </li> <div class="usa-col level-2"> <a href="/digitalstrategy" > <span>Digital strategy </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/ipv6-policy" > <span>IPv6 policy </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/it-policy-archive" > <span>IT policy archive </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/information-quality" > <span>Information quality </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/source-code" > <span>Open source code </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/plain-language" > <span>Plain language </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/privacy" > <span>Privacy policy </span> </a> </li> <div class="usa-col level-2"> <a href="/about/policies/social-media" > <span>Social media and web 2.0 policy </span> </a> </li> <div class="usa-col level-2"> <a href="/vulnerability-disclosure-policy" > <span>Vulnerability Disclosure Policy </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/about/contact-us"> <span>Contact us</span> </button> <ul id="basic-nav-section-/about/contact-us" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/about/contact-us/site-feedback" > <span>Website feedback </span> </a> </li> </ul> </div> </div> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link aria-expanded="false" aria-controls="basic-mega-nav-section-/issues"> <span>ISSUES</span> </button> <div id="basic-mega-nav-section-/issues" class="usa-nav__submenu usa-megamenu" hidden="" > <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues" > <span>All issues </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/artificial-intelligence" > <span>Artificial Intelligence </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/cybersecurity" > <span>Cybersecurity </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/export-and-investment-promotion" > <span>Export and investment promotion </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/first-responder-network" > <span>First responder network </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/fisheries-and-aquaculture" > <span>Fisheries and aquaculture </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/ict-supply-chain" > <span>ICT Supply Chain </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/ipef" > <span>Indo-Pacific Economic Framework for Prosperity </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/infrastructure" > <span>Infrastructure </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/intellectual-property" > <span>Intellectual property </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/investing-communities-and-workers" > <span>Investing in communities and workers </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/manufacturing" > <span>Manufacturing </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/issues/million-women-construction-initiative"> <span>Million Women in Construction Initiative</span> </button> <ul id="basic-nav-section-/issues/million-women-construction-initiative" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/issues/million-women-construction-initiative/chips-women-construction-framework" > <span>CHIPS Women in Construction Framework </span> </a> </li> <div class="usa-col level-2"> <a href="/issues/million-women-construction-initiative/million-women-construction-community-pledge" > <span>Million Women in Construction Community Pledge </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/minority-business-growth" > <span>Minority business growth </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/semiconductor-industry" > <span>Semiconductor Industry </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/space-commerce" > <span>Space commerce </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/issues/trade-enforcement"> <span>Trade enforcement</span> </button> <ul id="basic-nav-section-/issues/trade-enforcement" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/issues/trade-enforcement/section-232-aluminum" > <span>Section 232: Aluminum </span> </a> </li> <div class="usa-col level-2"> <a href="/issues/trade-enforcement/section-232-steel" > <span>Section 232: Steel </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/issues/weather-and-satellites" > <span>Weather and satellites </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/issues/workforce-development"> <span>Workforce development</span> </button> <ul id="basic-nav-section-/issues/workforce-development" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/issues/workforce-development/workforce-development-investments" > <span>Workforce Development – Investments </span> </a> </li> <div class="usa-col level-2"> <a href="/issues/workforce-development/workforce-development-employer-practices" > <span>Workforce Development - Employer Practices </span> </a> </li> <div class="usa-col level-2"> <a href="/issues/workforce-development/workforce-development-data" > <span>Workforce Development - Data </span> </a> </li> </ul> </div> </div> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link aria-expanded="false" aria-controls="basic-mega-nav-section-/news"> <span>NEWS</span> </button> <div id="basic-mega-nav-section-/news" class="usa-nav__submenu usa-megamenu" hidden="" > <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news" > <span>All news </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news/press-releases" > <span>Press releases </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news/blog" > <span>Blog </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news/speeches" > <span>Speeches </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news/fact-sheets" > <span>Fact sheets </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news/op-eds" > <span>Op-eds </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/media" > <span>Photos and videos </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/live" > <span>Livestreams </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/archives" > <span>Archives </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/news/media-contacts" > <span>Media contacts </span> </a> </div> </div> </div> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link aria-expanded="false" aria-controls="basic-mega-nav-section-/data-and-reports"> <span>DATA AND REPORTS</span> </button> <div id="basic-mega-nav-section-/data-and-reports" class="usa-nav__submenu usa-megamenu" hidden="" > <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/data-and-reports" > <span>Overview </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/data-and-reports/economic-indicators"> <span>Economic indicators</span> </button> <ul id="basic-nav-section-/data-and-reports/economic-indicators" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/data-and-reports/economic-indicators/dashboard" > <span>Dashboard </span> </a> </li> <div class="usa-col level-2"> <a href="/data-and-reports/economic-indicators/release-schedule" > <span>Release schedule </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/data-and-reports/population-statistics" > <span>Population statistics </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/data-and-reports/environmental-data" > <span>Environmental data </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="https://data.commerce.gov/" > <span>Data catalog </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/data-and-reports/reports" > <span>Reports </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="https://performance.commerce.gov/" > <span>Performance data </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/data-and-reports/developer-resources"> <span>Developer resources</span> </button> <ul id="basic-nav-section-/data-and-reports/developer-resources" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/data-and-reports/developer-resources/data-tutorials" > <span>Data tutorials </span> </a> </li> <div class="usa-col level-2"> <a href="/data-and-reports/developer-resources/bureau-apis" > <span>Bureau APIs </span> </a> </li> <div class="usa-col level-2"> <a href="/data-and-reports/developer-resources/commercegov-api" > <span>Commerce.gov API </span> </a> </li> <div class="usa-col level-2"> <a href="/rss" > <span>RSS feeds </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/data-and-reports/data" > <span>Data </span> </a> </div> </div> </div> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link aria-expanded="false" aria-controls="basic-mega-nav-section-/work-with-us"> <span>WORK WITH US</span> </button> <div id="basic-mega-nav-section-/work-with-us" class="usa-nav__submenu usa-megamenu" hidden="" > <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/work-with-us" > <span>Overview </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/work-with-us/services-for-businesses"> <span>Services for businesses</span> </button> <ul id="basic-nav-section-/work-with-us/services-for-businesses" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/entrepreneurs" > <span>Entrepreneurs </span> </a> </li> <div class="usa-col level-2"> <a href="/work-us/services-businesses/resources-minority-business-enterprises" > <span>Resources for Minority Business Enterprises </span> </a> </li> <div class="usa-col level-2"> <a href="/work-us/services-businesses/resources-military-community" > <span>Resources for the Military Community </span> </a> </li> <div class="usa-col level-2"> <a href="/work-us/services-businesses/resources-rural-communities" > <span>Resources for Rural Communities </span> </a> </li> <div class="usa-col level-2"> <a href="/work-us/services-businesses/resources-women-entrepreneurs" > <span>Resources for Women Entrepreneurs </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/work-us/job-quality-toolkit"> <span>Job Quality Toolkit</span> </button> <ul id="basic-nav-section-/work-us/job-quality-toolkit" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/work-us/job-quality-toolkit/drivers-job-quality" > <span>Drivers of Job Quality </span> </a> </li> <div class="usa-col level-2"> <a href="/work-us/job-quality-toolkit/job-quality-case-studies" > <span>Job Quality Case Studies </span> </a> </li> </ul> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/work-with-us/grants-and-contract-opportunities" > <span>Grants and contract opportunities </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/work-with-us/careers" > <span>Careers </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/work-with-us/internships" > <span>Internships </span> </a> </div> </div> <div class="usa-col level-1"> <div class="usa-nav__submenu-item"> <a href="/work-with-us/resources-for-employees" > <span>Resources for employees </span> </a> </div> </div> <div class="usa-col level-1"> <button class="usa-accordion__button usa-nav__link commerce-menu-sub-levels aria-expanded="false" aria-controls="basic-nav-section-/havana-act"> <span>HAVANA Act</span> </button> <ul id="basic-nav-section-/havana-act" class="usa-nav__submenu-list" hidden=""> <div class="usa-col level-2"> <a href="/havana-act-authorized-payment-frequently-asked-questions" > <span>HAVANA Act - Authorized Payment Frequently Asked Questions </span> </a> </li> </ul> </div> </div> </li> </ul> <ul class="usa-nav__mobile usa-accordion" aria-multiselectable="true"> <li class="usa-nav__primary-item"> <a href="/bureaus-and-offices" > <span>Bureaus and offices </span> </a> </li> <li class="usa-nav__primary-item"> <a href="/about/contact-us" > <span>Contact us </span> </a> </li> </ul> </div> </div> <div class="usa-nav__secondary"> <div class="region region-secondary-menu"> <div class="usa-nav__secondary"> <ul class="usa-nav__secondary-links"> <li> <a href="/bureaus-and-offices"> Bureaus and offices </a> </li> <li> <a href="/about/contact-us"> Contact us </a> </li> </ul> </div> <div class="secondary-menu-search block block-fixed-block-content block-fixed-block-contentdoc-search-block-fixed-block" id="block-fixed-block-content-doc-search-block-fixed-block"> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><div class="usasearch-search-block-form usa-form-large block block-usasearch block-usasearch-search-form-block" data-drupal-selector="usasearch-search-block-form" id="commerce_search_block"> <form accept-charset="UTF-8" action="https://search.commerce.gov/search" class="usasearch-search-block-form-desktop usa-form-large" data-drupal-selector="usasearch-search-block-form-2" id="usasearch-search-block-form--2" method="GET"> <div class="js-form-item form-item js-form-type-search form-item-query js-form-item-query form-no-label"><label class="visually-hidden" for="desktop_query">Search</label><br /> <input aria-autocomplete="list" aria-haspopup="" autocomplete="off" class="usagov-search-autocomplete form-search" data-drupal-selector="edit-query" id="desktop_query" maxlength="128" name="query" placeholder="Search" size="60" title="Enter the terms you wish to search for." type="search" value="" /></div> <input data-drupal-selector="edit-affiliate" name="affiliate" type="hidden" value="www.commerce.gov" /> <div class="form-actions js-form-wrapper form-wrapper" data-drupal-selector="edit-actions" id="edit-actions--2"> <input class="usa-button js-form-submit form-submit" data-drupal-selector="edit-submit" id="edit-submit--2" type="submit" value="Search" /></div> </form> </div> </div> </div> </div> </div> <div class="usa-nav-desktop"> <div class="region region-primary-menu"> <ul class="usa-nav__primary usa-accordion"> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="basic-nav-section-1"> <span>ABOUT </span> </button> <ul id="basic-nav-section-1" class="usa-nav__submenu" hidden=""> <li class="usa-nav__submenu-item"> <a href="/about"> <span>Our mission</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/leadership/gina-m-raimondo"> <span>Meet the Secretary</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/leadership"> <span>Leadership</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/bureaus-and-offices"> <span>Bureaus and offices</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/strategic-plan"> <span>Strategic Plan</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/equity"> <span>Equity</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/budget-and-performance"> <span>Budget and performance</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/combined-federal-campaign"> <span>Combined Federal Campaign</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/history"> <span>History</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/policies"> <span>Policies</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/about/contact-us"> <span>Contact us</span> </a> </li> </ul> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="basic-nav-section-2"> <span>ISSUES </span> </button> <ul id="basic-nav-section-2" class="usa-nav__submenu" hidden=""> <li class="usa-nav__submenu-item"> <a href="/issues"> <span>All issues</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/artificial-intelligence"> <span>Artificial Intelligence</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/cybersecurity"> <span>Cybersecurity</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/export-and-investment-promotion"> <span>Export and investment promotion</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/first-responder-network"> <span>First responder network</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/fisheries-and-aquaculture"> <span>Fisheries and aquaculture</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/ict-supply-chain"> <span>ICT Supply Chain</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/ipef"> <span>Indo-Pacific Economic Framework for Prosperity</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/infrastructure"> <span>Infrastructure</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/intellectual-property"> <span>Intellectual property</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/investing-communities-and-workers"> <span>Investing in communities and workers</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/manufacturing"> <span>Manufacturing</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/million-women-construction-initiative"> <span>Million Women in Construction Initiative</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/minority-business-growth"> <span>Minority business growth</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/semiconductor-industry"> <span>Semiconductor Industry</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/space-commerce"> <span>Space commerce</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/trade-enforcement"> <span>Trade enforcement</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/weather-and-satellites"> <span>Weather and satellites</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/issues/workforce-development"> <span>Workforce development</span> </a> </li> </ul> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="basic-nav-section-3"> <span>NEWS </span> </button> <ul id="basic-nav-section-3" class="usa-nav__submenu" hidden=""> <li class="usa-nav__submenu-item"> <a href="/news"> <span>All news</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/news/press-releases"> <span>Press releases</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/news/blog"> <span>Blog</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/news/speeches"> <span>Speeches</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/news/fact-sheets"> <span>Fact sheets</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/news/op-eds"> <span>Op-eds</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/media"> <span>Photos and videos</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/live"> <span>Livestreams</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/archives"> <span>Archives</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/news/media-contacts"> <span>Media contacts</span> </a> </li> </ul> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="basic-nav-section-4"> <span>DATA AND REPORTS </span> </button> <ul id="basic-nav-section-4" class="usa-nav__submenu" hidden=""> <li class="usa-nav__submenu-item"> <a href="/data-and-reports"> <span>Overview</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/data-and-reports/economic-indicators"> <span>Economic indicators</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/data-and-reports/population-statistics"> <span>Population statistics</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/data-and-reports/environmental-data"> <span>Environmental data</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="https://data.commerce.gov/"> <span>Data catalog</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/data-and-reports/reports"> <span>Reports</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="https://performance.commerce.gov/"> <span>Performance data</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/data-and-reports/developer-resources"> <span>Developer resources</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/data-and-reports/data"> <span>Data</span> </a> </li> </ul> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="basic-nav-section-5"> <span>WORK WITH US </span> </button> <ul id="basic-nav-section-5" class="usa-nav__submenu" hidden=""> <li class="usa-nav__submenu-item"> <a href="/work-with-us"> <span>Overview</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/work-with-us/services-for-businesses"> <span>Services for businesses</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/work-us/job-quality-toolkit"> <span>Job Quality Toolkit</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/work-with-us/grants-and-contract-opportunities"> <span>Grants and contract opportunities</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/work-with-us/careers"> <span>Careers</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/work-with-us/internships"> <span>Internships</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/work-with-us/resources-for-employees"> <span>Resources for employees</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/havana-act"> <span>HAVANA Act</span> </a> </li> </ul> </li> </ul> </div> </div> </div> </nav> </header> <main class="usa-section"> <a id="main-content" tabindex="-1"></a> <div class="grid-container"> <div class="grid-row grid-gap"> <div class="grid-col-12"> <div class="region region-highlighted"> <div data-drupal-messages-fallback class="hidden"></div> </div> </div> </div> <div class="grid-row grid-gap"> <aside class="tablet:grid-col-3"> <div class="region region-sidebar-first"> <ul class="usa-sidenav"> <li class="usa-sidenav__item"> <a href="/news"> <span>All news</span> </a> </li> <li class="usa-sidenav__item"> <a href="/news/press-releases"> <span>Press releases</span> </a> </li> <li class="usa-sidenav__item"> <a href="/news/blog"> <span>Blog</span> </a> </li> <li class="usa-sidenav__item"> <a href="/news/speeches"> <span>Speeches</span> </a> </li> <li class="usa-sidenav__item"> <a href="/news/fact-sheets"> <span>Fact sheets</span> </a> </li> <li class="usa-sidenav__item"> <a href="/news/op-eds"> <span>Op-eds</span> </a> </li> <li class="usa-sidenav__item"> <a href="/media"> <span>Photos and videos</span> </a> </li> <li class="usa-sidenav__item"> <a href="/live"> <span>Livestreams</span> </a> </li> <li class="usa-sidenav__item"> <a href="/archives"> <span>Archives</span> </a> </li> <li class="usa-sidenav__item"> <a href="/news/media-contacts"> <span>Media contacts</span> </a> </li> </ul> <div id="block-votingblock-2" class="block block-voting-modal block-modal-block"> <h2>Was this page helpful?</h2> <button type="submit" href="/voting/modal/6988/true" class="usa-button-secondary use-ajax" data-dialog-type="modal"><i alt="Thumbs up icon to indicate helpful" class="fas fa-thumbs-up"></i> Helpful </button><button type="submit" href="/voting/modal/6988/false" class="usa-button-secondary use-ajax" data-dialog-type="modal"><i alt="Thumbs down icon to indicate not helpful" class="fas fa-thumbs-down"></i> Not helpful</button> </div> </div> </aside> <div class="region-content tablet:grid-col-fill"> <div class="region region-content"> <div class="block block-system block-system-breadcrumb-block"> <h2 id="system-breadcrumb" class="visually-hidden">Breadcrumb</h2> <ol class="add-list-reset uswds-breadcrumbs uswds-horizontal-list"> <li> <a href="/">Home</a> </li> <li> <a href="/news">News</a> </li> <li> <a href="/news/press-releases">Press Releases</a> </li> </ol> </div> <div id="block-votingblock" class="block block-voting-modal block-modal-block"> <h2>Was this page helpful?</h2> <button type="submit" href="/voting/modal/6988/true" class="usa-button-secondary use-ajax" data-dialog-type="modal"><i alt="Thumbs up icon to indicate helpful" class="fas fa-thumbs-up"></i> Helpful </button><button type="submit" href="/voting/modal/6988/false" class="usa-button-secondary use-ajax" data-dialog-type="modal"><i alt="Thumbs down icon to indicate not helpful" class="fas fa-thumbs-down"></i> Not helpful</button> </div> <div class="block block-core block-page-title-block"> <h1 class="uswds-page-title page-title"><span class="field field--name-title field--type-string field--label-hidden">Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense</span> </h1> </div> <div id="block-social-sharing-block" class="block block-social-media block-social-sharing-block"> <div class="social-media-sharing"> <ul class=""> <li> <a target="_blank" class="facebook-share share" href="http://www.facebook.com/share.php?u=https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award&title=Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense" title="Facebook"> <img alt="Facebook" src="https://www.commerce.gov//themes/custom/commerce/images/commerce/facebook.svg"> </a> </li> <li> <a target="_blank" class="linkedin share" href="http://www.linkedin.com/shareArticle?mini=true&url=https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award&title=Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense&source=https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award" title="Linkedin"> <img alt="Linkedin" src="https://www.commerce.gov//themes/custom/commerce/images/commerce/linkedin.svg"> </a> </li> <li> <a target="_blank" class="twitter share" href="https://twitter.com/intent/tweet?url=https://www.commerce.gov/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award&via=CommerceGov&text=Biden-Harris Administration Announces CHIPS Incentives Award with GlobalFoundries to Strengthen Essential Chip Supply for Key U.S. Industries Including Auto and Defense" title="X"> <img alt="X" src="https://www.commerce.gov/modules/contrib/social_media/icons/x.svg"> </a> </li> <li> <a class="email share" href="/cdn-cgi/l/email-protection#615e1214030b0402155c230805040f4c2900131308124120050c080f081215130015080e0f41200f0f0e140f02041241222928313241280f02040f1508170412412016001305411608150941260d0e03000d270e140f051308041241150e41321513040f061509040f41241212040f1508000d412209081141321411110d1841070e13412a041841344f324f41280f051412151308041241280f020d1405080f06412014150e41000f0541250407040f120447000c115a030e05185c220904020a410e1415411509081241120815044109151511125b4e4e1616164f020e0c0c041302044f060e174e0f0416124e11130412124c13040d04001204124e535153554e50504e030805040f4c0900131308124c00050c080f081215130015080e0f4c000f0f0e140f0204124c02090811124c080f02040f15081704124c0016001305" title="Email"> <img alt="Email" src="https://www.commerce.gov//themes/custom/commerce/images/commerce/mail.svg"> </a> </li> </ul> </div> </div> <div id="block-commerce-content" class="block block-system block-system-main-block"> <article data-history-node-id="6988" role="article" about="/news/press-releases/2024/11/biden-harris-administration-announces-chips-incentives-award"> <div> <div class="field field--name-field-issues field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/issues/manufacturing" hreflang="en">Manufacturing</a></div> <div class="field__item"><a href="/issues/semiconductor-industry" hreflang="en">Semiconductor Industry</a></div> </div> <release-infobox > <div class="field field--name-field-release-status field--type-list-string field--label-hidden field__item">FOR IMMEDIATE RELEASE</div> <div class="field field--name-field-release-datetime field--type-datetime field--label-hidden field__item"><time datetime="2024-11-20T14:03:51Z" class="datetime">Wednesday, November 20, 2024</time> </div> <div class="field field--name-field-news-media-contact field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><div about="/bureaus-and-offices/os/public-affairs" id="taxonomy-term-27" class="taxonomy-term vocabulary-bureaus-offices"> <h2><a href="/bureaus-and-offices/os/public-affairs"> <div class="field field--name-name field--type-string field--label-hidden field__item">Office of Public Affairs</div> </a></h2> <div class="content"> <div > <div class="field field--name-field-email field--type-email field--label-hidden field__item"><a href="/cdn-cgi/l/email-protection#58282d3a34313b393e3e39312a2b183c373b763f372e" rel="noreferrer"><span class="__cf_email__" data-cfemail="2f5f5a4d43464c4e49494e465d5c6f4b404c01484059">[email protected]</span></a></div> </div> </div> </div> </div> </div> </release-infobox> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em>CHIPS Investment of Up to $1.5 Billion Will Support Multiple Projects in New York and Vermont and Create Approximately 10,000 Good Construction and Manufacturing Jobs</em></p> <p>Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded GlobalFoundries (GF) up to $1.5 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities. The award comes after the previously signed preliminary memorandum of terms, announced on February 19, 2024, and the completion of the Department’s due diligence. The award will bolster U.S. competitiveness in current-generation semiconductor production by supporting the company’s investment of approximately $13 billion over the next 10-plus years in its U.S manufacturing sites in New York and Vermont, which produce essential automotive, smart mobile, aerospace and defense, and communications semiconductor technologies. The Department will disburse the funds based on GF’s completion of project milestones.</p> <p>“By investing in GF’s domestic manufacturing capabilities, we are helping to secure a stable domestic supply of chips that are found in everything from home electronics to advanced weapons systems,” said <strong>U.S. Secretary of Commerce Gina Raimondo</strong>. “Thanks to President Biden’s leadership and because of CHIPS for America, we are strategically strengthening every part of the semiconductor supply chain to ensure we meet our national security objectives and have the ability to out-compete and out-innovate the rest of the world.” </p> <p>“After we saw semiconductor supply chain disruptions during the pandemic creating a shortage of everything from cars to washing machines, President Biden got to work passing the CHIPS and Science Act to bring semiconductor manufacturing back to America,” said <strong>White House Deputy Chief of Staff Natalie Quillian</strong>. “Today's award is a testament to how the Biden-Harris Administration continues to drive an American manufacturing renaissance, strengthen our supply chains, and create thousands of good-paying jobs in New York, Vermont, and communities across the country.”</p> <p>Currently, there are only four companies outside of China that provide current and mature foundry capabilities at the scale of GF, and GF is the only one of those companies that is headquartered in the United States. Shortages of these semiconductors caused major disruptions during the COVID-19 pandemic, resulting in a particularly acute impact on the availability and price of a broad range of goods for Americans, as well as the shutdown of automobile manufacturing sites. The Department's investment in GF will help advance U.S. economic and national security by increasing domestic manufacturing capacity, strengthening supply chain resilience, and onshoring technologies for the first time that are important to the U.S. defense and intelligence communities. The investment includes a new state-of-the-art facility in New York, the capacity expansion and modernization of an existing facility in New York, and the modernization of the company’s operations in Vermont. The investment is estimated to create approximately 9,000 construction and 1,000 manufacturing jobs across both sites, while supporting the work of the Upstate New York Investing in America Workforce Hub, which is helping ensure New Yorkers are trained for good-paying jobs up and down the semiconductor supply chain.</p> <p>For more information about the GF award, please visit the CHIPS for America website <a href="https://www.nist.gov/chips/globalfoundries-new-york-malta" rel="noreferrer">here</a> and <a href="https://www.nist.gov/chips/globalfoundries-vermont-burlington" rel="noreferrer">here</a>.</p> <p>“The idea of strengthening U.S. semiconductor manufacturing has been five-plus years in the making. With bipartisan support, that idea evolved into the CHIPS and Science Act,” said <strong>Dr. Thomas Caulfield, president and CEO of GF</strong>. “GF's essential chips are at the core of U.S. economic, supply chain and national security. We greatly appreciate the support and funding from both the U.S. Government and the states of New York and Vermont, which we will use to ensure our customers have the American-made chips they need to succeed and win.”</p> <p>As stated in the <a href="https://www.nist.gov/system/files/documents/2024/04/19/Amended%20CHIPS-Commercial%20Fabrication%20Facilities%20NOFO%20Amendment.pdf" rel="noreferrer">CHIPS Notice of Funding Opportunity for Commercial Fabrication Facilities,</a> CHIPS for America will distribute direct funding to recipients for capital expenditures based on the completion of construction, production, and commercial milestones. The program will track the performance of each CHIPS Incentives Award via financial and programmatic reports, in accordance with the award terms and conditions.</p> <p><strong>About CHIPS for America</strong></p> <p>CHIPS for America has awarded over $10 billion of the over $36 billion in proposed incentives funding allocated to date. These announcements across 20 states are expected to create over 125,000 jobs. Since the beginning of the Biden-Harris Administration, semiconductor and electronics companies have announced over $450 billion in private investments, catalyzed in large part by public investment. CHIPS for America is part of President Biden and Vice President Harris’s economic plan to invest in America, stimulate private sector investment, create good-paying jobs, make more in the United States, and revitalize communities left behind. CHIPS for America includes the CHIPS Program Office, responsible for manufacturing incentives, and the CHIPS Research and Development Office, responsible for R&D programs, that both sit within the National Institute of Standards and Technology (NIST) at the Department of Commerce. Visit <a href="https://www.nist.gov/chips" rel="noreferrer">chips.gov</a> to learn more. </p></div> <div class="field field--name-field-bureaus-offices field--type-entity-reference field--label-above"> <div class="field__label">Bureaus and Offices</div> <div class="field__items"> <div class="field__item"><a href="/bureaus-and-offices/nist" hreflang="en">National Institute of Standards and Technology</a></div> </div> </div> <div class="field field--name-field-leadership field--type-entity-reference field--label-above"> <div class="field__label">Leadership</div> <div class="field__items"> <div class="field__item"><a href="/about/leadership/gina-m-raimondo" hreflang="en">Gina M. Raimondo </a></div> </div> </div> <div class="field field--name-field-tags field--type-entity-reference field--label-above"> <div class="field__label">Tags</div> <div class="field__items"> <div class="field__item"><a href="/tags/secretary-gina-raimondo" hreflang="en">Secretary Gina Raimondo</a></div> <div class="field__item"><a href="/tags/chips-america" hreflang="en">CHIPS for America</a></div> <div class="field__item"><a href="/tags/national-security" hreflang="en">National Security</a></div> </div> </div> </div> </article> </div> </div> </div> </div> </div> </main> <footer class="usa-footer usa-footer--big" role="contentinfo"> <div class="usa-grid usa-footer-return-to-top"> <a href="#">Return to top</a> </div> <div class="usa-footer__primary-section"> <div class="grid-container"> <div class="region region-footer-menu"> <div class="grid-row grid-gap"> <div class="mobile-lg:grid-col-6 desktop:grid-col-4"> <section class="usa-footer__primary-content usa-footer__primary-content--collapsible"> <h4 class="usa-footer__primary-link">Explore</h4> <ul class="usa-list usa-list--unstyled add-list-reset"> <li class="usa-footer__secondary-link"> <a href="/issues" title="Issues" data-drupal-link-system-path="issues">Issues</a> </li> <li class="usa-footer__secondary-link"> <a href="/news" title="News" data-drupal-link-system-path="news">News</a> </li> <li class="usa-footer__secondary-link"> <a href="/data-and-reports" title="Data and reports" data-drupal-link-system-path="node/555">Data and reports</a> </li> <li class="usa-footer__secondary-link"> <a href="/work-with-us" title="Work with us" data-drupal-link-system-path="node/556">Work with us</a> </li> </ul> </section> </div> <div class="mobile-lg:grid-col-6 desktop:grid-col-4"> <section class="usa-footer__primary-content usa-footer__primary-content--collapsible"> <h4 class="usa-footer__primary-link">About us</h4> <ul class="usa-list usa-list--unstyled add-list-reset"> <li class="usa-footer__secondary-link"> <a href="/about" data-drupal-link-system-path="node/477">Our mission</a> </li> <li class="usa-footer__secondary-link"> <a href="/about/strategic-plan" title="Department of Commerce's strategic plan" data-drupal-link-system-path="node/548">Strategic plan</a> </li> <li class="usa-footer__secondary-link"> <a href="/bureaus-and-offices" title="Department of Commerce's bureaus and offices" data-drupal-link-system-path="bureaus-and-offices">Bureaus and offices</a> </li> <li class="usa-footer__secondary-link"> <a href="/opog/privacy/privacy-laws-policies-and-guidance" title="Department of Commerce's privacy program" data-drupal-link-system-path="node/4666">Privacy program</a> </li> </ul> </section> </div> <div class="mobile-lg:grid-col-6 desktop:grid-col-4"> <section class="usa-footer__primary-content usa-footer__primary-content--collapsible"> <h4 class="usa-footer__primary-link">Get in touch</h4> <ul class="usa-list usa-list--unstyled add-list-reset"> <li class="usa-footer__secondary-link"> <a href="/about/contact-us" data-drupal-link-system-path="node/483">Contact us</a> </li> <li class="usa-footer__secondary-link"> <a href="/opog/open-government/open-government-plan" title="Open government" data-drupal-link-system-path="node/4646">Open government</a> </li> <li class="usa-footer__secondary-link"> <a href="/opog/foia/foia-requests" title="Freedom of Information Act" data-drupal-link-system-path="node/6456">FOIA</a> </li> </ul> </section> </div> </div> </div> </div> </div> </div> <div class="usa-footer__secondary-section"> <div class="grid-container"> <div class="grid-row grid-gap"> <div class="usa-footer__logo grid-row mobile-lg:grid-col-6 mobile-lg:grid-gap-2"> <div class="mobile-lg:grid-col-auto"> <a href="/"> <img class="usa-footer__logo-img" src="/themes/custom/commerce/assets/img/doc_logo.png" width="80" height="80" alt="Department of Commerce logo"/> </a> </div> <div class="mobile-lg:grid-col-auto"> <div class="footer-address"> 1401 Constitution Ave NW<br/> Washington, DC 20230 </div> </div> </div> <div class="usa-footer__contact-links mobile-lg:grid-col-6"> <div class="usa-footer__social-links grid-row"> <a href="https://twitter.com/commercegov" aria-label="U. S. Department of Commerce Twitter page"> <span class="fa-layers fa-fw usa-social_link x_twitter_social_link"> <svg xmlns="http://www.w3.org/2000/svg" width="30" height="30" fill="currentColor" class="bi bi-twitter-x" viewBox="0 0 16 16"> <path d="M12.6.75h2.454l-5.36 6.142L16 15.25h-4.937l-3.867-5.07-4.425 5.07H.316l5.733-6.57L0 .75h5.063l3.495 4.633L12.601.75Zm-.86 13.028h1.36L4.323 2.145H2.865z"/></svg> </span> </a> <a href="https://www.facebook.com/Commercegov/" aria-label="U. S. Department of Commerce Facebook page"> <span class="fa-layers fa-fw usa-social_link"> <i class="fas fa-square fa-2x" style="color:white" alt="Department of Commerce Facebook page" aria-label="Department of Commerce Facebook page"></i> <i title="Facebook" class="fab fa-facebook-square fa-2x" style="color:#3b5998"></i> </span> </a> <a href="https://www.linkedin.com/company/u-s--department-of-commerce" aria-label="Department of Commerce Linkedin page"> <span class="fa-layers fa-fw usa-social_link"> <i class="fas fa-square fa-2x" style="color:white" alt="Department of Commerce Linkedin page" aria-label="Department of Commerce Linkedin page"></i> <i title="LinkedIn" class="fab fa-linkedin fa-2x" style="color:#0077b5"></i> </span> </a> <a href="https://www.youtube.com/channel/UCDk7XARReoJChTwu1WojgRQ" aria-label="U. S. Department of Commerce YouTube page"> <span class="fa-layers fa-fw usa-social_link"> <i class="fas fa-square fa-2x" style="color:white" alt="Department of Commerce YouTube page" aria-label="Department of Commerce YouTube page"></i> <i title="YouTube" class="fab fa-youtube-square fa-2x" style="color:#ff0000"></i> </span> </a> <a href="/rss" aria-label="Department of Commerce rss feed"> <span class="fa-layers fa-fw usa-social_link"> <i class="fas fa-square fa-2x" style="color:white" alt="Department of Commerce rss feed" aria-label="Department of Commerce rss feed"></i> <i title="RSS" class="fas fa-rss-square fa-2x" style="color:#ffA500"></i> </span> </a> </div> </div> </div> <div class="grid-row grid-gap"> <div class="mobile-lg:grid-col-12"> <div class="region region-footer-secondary"> <ol class="dotsbetween"> <li> <a href="/archives">Archives</a> </li> <li> <a href="/about/policies/accessibility">Accessibility</a> </li> <li> <a href="/ofm/agency-financial-reports">Agency Financial Report</a> </li> <li> <a href="/about/policies/comments">Comment policy</a> </li> <li> <a href="/digitalstrategy">Digital strategy</a> </li> <li> <a href="/about/policies/information-quality">Information quality</a> </li> <li> <a href="/cr/reports-and-resources/no-fear-act">No Fear Act</a> </li> <li> <a href="https://www.oig.doc.gov/">Inspector General</a> </li> <li> <a href="/about/policies/plain-language">Plain language</a> </li> <li> <a href="/about/policies/privacy">Privacy policy</a> </li> <li> <a href="https://www.commerce.gov/ofm/payment-integrity/department-commerce-payment-integrity-website">Payment Integrity</a> </li> <li> <a href="https://www.usa.gov/">USA.gov</a> </li> <li> <a href="https://www.vote.gov">Vote.gov</a> </li> <li> <a href="/vulnerability-disclosure-policy">Vulnerability Disclosure Policy</a> </li> <li> <a href="https://www.oig.doc.gov/Pages/Hotline.aspx">Whistleblower Protection</a> </li> <li> <a href="https://www.whitehouse.gov/">WhiteHouse.gov</a> </li> </ol> <div id="block-govdeliverysignup-fixed-block" class="block block-fixed-block-content block-fixed-block-contentgovdelivery-sign-up-fixed-block"> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><form accept-charset="UTF-8" action="https://public.govdelivery.com/accounts/USDOC/subscribers/qualify" id="GD-snippet-form" method="post"> <input name="utf8" type="hidden" value="✓" /> <input name="authenticity_token" type="hidden" value="KYi9hmgKqvcMOKf453K61tlo2i3pCo8sVKFUH73sfXB1gecwmSLcalxpsqf6Vj4zDIv5vztIijVjsn5SGnDrfw==" /> <fieldset> <legend> Sign up for email updates </legend> <div> <p>To sign up for updates or to access your subscriber preferences, please enter your contact information below.</p> </div> <ol class="form"> <li class="email_fields" style="display: block"><label for="email"><img alt="Required" class="required" src="https://content.govdelivery.com/images/required.gif" />Email Address</label><br /> <input class="long" id="email" name="email" type="text" /></li> </ol> <div class="button_panel"> <input class="form-button usa-button" name="commit" type="submit" value="Subscribe" /></div> </fieldset> </form> </div> </div> </div> </div> </div> </div> </div> </footer> </div> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="application/json" data-drupal-selector="drupal-settings-json">{"path":{"baseUrl":"\/","scriptPath":null,"pathPrefix":"","currentPath":"node\/6988","currentPathIsAdmin":false,"isFront":false,"currentLanguage":"en","currentQuery":{"q":"\/news\/press-releases\/2024\/11\/biden-harris-administration-announces-chips-incentives-award"}},"pluralDelimiter":"\u0003","suppressDeprecationErrors":true,"ajaxPageState":{"libraries":"back_to_top\/back_to_top_icon,back_to_top\/back_to_top_js,classy\/base,classy\/messages,commerce\/accessibility,commerce\/digital_analytics_program,commerce\/footer,commerce\/govdelivery,commerce\/header,commerce\/offices,commerce\/openid_connect,commerce\/uswds,core\/drupal.dialog.ajax,core\/normalize,custom\/offices,extlink\/drupal.extlink,fontawesome\/fontawesome.svg,fontawesome\/fontawesome.svg.shim,google_analytics\/google_analytics,social_media\/basic,system\/base,uswds\/drupal,uswds\/footer,uswds\/header,uswds\/uswds","theme":"commerce","theme_token":null},"ajaxTrustedUrl":[],"back_to_top":{"back_to_top_button_trigger":100,"back_to_top_prevent_on_mobile":false,"back_to_top_prevent_in_admin":false,"back_to_top_button_type":"image","back_to_top_button_text":"Back to top"},"google_analytics":{"account":"G-43SPHKNB7Z","trackOutbound":true,"trackMailto":true,"trackTel":true,"trackDownload":true,"trackDownloadExtensions":"7z|aac|arc|arj|asf|asx|avi|bin|csv|doc(x|m)?|dot(x|m)?|exe|flv|gif|gz|gzip|hqx|jar|jpe?g|js|mp(2|3|4|e?g)|mov(ie)?|msi|msp|pdf|phps|png|ppt(x|m)?|pot(x|m)?|pps(x|m)?|ppam|sld(x|m)?|thmx|qtm?|ra(m|r)?|sea|sit|tar|tgz|torrent|txt|wav|wma|wmv|wpd|xls(x|m|b)?|xlt(x|m)|xlam|xml|z|zip"},"data":{"extlink":{"extTarget":false,"extTargetNoOverride":false,"extNofollow":false,"extNoreferrer":false,"extFollowNoOverride":false,"extClass":"ext","extLabel":"(link is external)","extImgClass":false,"extSubdomains":true,"extExclude":".\\.gov","extInclude":"","extCssExclude":".usa-footer-contact-links a, .usa-footer__social-links a","extCssExplicit":"","extAlert":true,"extAlertText":"The United States Department of Commerce\r\n\r\nYou are now leaving a Department of Commerce Web site.\r\n\r\nThe Department of Commerce does not endorse the organizations or views represented by this site and takes no responsibility for, and exercises no control over, the accuracy, accessibility, copyright or trademark compliance or legality of the material contained on this site. Thank you for visiting our site.","mailtoClass":"mailto","mailtoLabel":"(link sends email)","extUseFontAwesome":false,"extIconPlacement":"append","extFaLinkClasses":"fa fa-external-link","extFaMailtoClasses":"fa fa-envelope-o","whitelistedDomains":[]}},"field_group":{"html_element":{"mode":"news_media_contact","context":"view","settings":{"classes":"","id":"","element":"div","show_label":false,"label_element":"h3","attributes":"","effect":"none","speed":"fast","label":"News Media Contact"}}},"user":{"uid":0,"permissionsHash":"e9a22412fbff4b4af13117b9144b0dd2d0e2af631e1c0e8982e0e8845f07503d"}}</script> <script src="/sites/default/files/js/js_hW63Fut6k7ky8K_Ex0QpaVH_cUEVgN7HbLQc953_4pI.js"></script> <script src="/sites/default/files/js/js_kcBrTxnzjmhVKfnoVhm9paNB6H8-eQrjLC3u-TGj2wU.js"></script> <script src="/sites/default/files/js/js_XJRvibceJbDsOko_9SyiFm0HzNtH4Fudxarp397y2uM.js"></script> <script src="//content.govdelivery.com/overlay/js/1374.js"></script> <script src="//dap.digitalgov.gov/Universal-Federated-Analytics-Min.js?agency=DOC" id="_fed_an_ua_tag"></script> <script src="/sites/default/files/js/js_oiyrtTNxaFHw-ixjOaWbF1n-7lcbNYq__065GP4TAiE.js"></script> </body> </html>