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CHIPS Program Office Awards

BAE Systems, Inc. (New Hampshire) – Nashua, NH
Award Amount: $35.5 million in direct funding
CHIPS Organization
CHIPS Program Office
The CHIPS for America award will provide BAE Systems up to $35.5 million in total direct funding under the CHIPS and Science Act to support a modernization project that will replace aging tools and quadruple the production of chips necessary for critical defense programs, including the $1.7 trillion F-35 fighter jet program.
TSMC Arizona – Phoenix, AZ
Award Amount: $6.6 billion in direct funding
CHIPS Organization
CHIPS Program Office
The CHIPS for America award will provide the company with up to $6.6 billion in total direct funding under the CHIPS and Science Act to support the company’s planned investment of more than $65 billion in three greenfield leading-edge fabs in Phoenix, Arizona.
Powerex (Pennsylvania) – Youngwood, PA
Proposed Award Amount: up to $3 million in proposed funding
CHIPS Organization
CHIPS Program Office
The proposed investment in Powerex would support the modernization and expansion of the company’s back-end production facility in Youngwood, Pennsylvania.
Wolfspeed (New York) – Marcy, NY
Proposed Award Amount: up to $750 million in proposed incentives (split across Siler City, NC and Marcy, NY)
CHIPS Organization
CHIPS Program Office
The proposed CHIPS investment is expected to catalyze its planned expansion of its device manufacturing facility which would contribute to the growth of the facility as the world’s first fully automated 200mm silicon carbide power device fab and increase its production capacity.
Wolfspeed (North Carolina) – Siler City, NC
Proposed Award Amount: up to $750 million in proposed funding (split across Siler City, NC and Marcy, NY)
CHIPS Organization
CHIPS Program Office
The proposed funding would support the construction of a new silicon carbide wafer manufacturing facility in Siler City, North Carolina, helping to secure a reliable domestic supply of the semiconductors that will underpin the future energy economy and AI boom.
Polar Semiconductor (Minnesota) – Bloomington, MN
Award Amount: $123 million in direct funding
CHIPS Organization
CHIPS Program Office
The CHIPS for America award will provide the company with up to $123 million in total direct funding under the CHIPS and Science Act to expand and modernize the company’s manufacturing facility in Bloomington, Minnesota, doubling its U.S. production capacity of sensor and power chips within two years.
Rogue Valley Microdevices (Florida) – Palm Bay, FL
Proposed Award Amount: up to $6.7 million in proposed incentives
CHIPS Organization
CHIPS Program Office
The proposed CHIPS investment would support the construction of RVM’s pure play microelectromechanical systems (MEMS) and sensor foundry facility in Palm Bay, Florida, and is estimated to nearly triple RVM’s manufacturing capacity. MEMS are microscale devices that integrate electrical and mechanical components; their integration with semiconductor components across a wide range of applications enables technology advancements and improved performance.
Microchip Technology, Inc. (Colorado) – Colorado Springs, CO
Proposed Award Amount: approximately $162 million in proposed incentives (split across Colorado Springs, CO and Gresham, OR projects)
CHIPS Organization
CHIPS Program Office
The proposed CHIPS for America investment will modernize and expand a fabrication facility in Colorado Springs, Colorado, which would enable Microchip to significantly increase its U.S. production of microcontroller units and other specialty semiconductors built on mature-nodes critical to America’s automotive, commercial, industrial, defense, and aerospace industries.
Microchip Technology, Inc. (Oregon) – Gresham, OR
Proposed Award Amount: approximately $162 million in proposed incentives (split across Colorado Springs, CO and Gresham, OR projects)
CHIPS Organization
CHIPS Program Office
The proposed CHIPS for America investment will expand a fabrication facility in Gresham, Oregon, which would enable Microchip to significantly increase its U.S. production of microcontroller units and other specialty semiconductors built on mature-nodes critical to America’s automotive, commercial, industrial, defense, and aerospace industries.

 

 

Created September 6, 2024, Updated August 6, 2026
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