Wednesday, 15 May, 2024

White House Proposes $120 Million Fund for Polar Semiconductor's Chip Facility Expansion

The White House has put forth a $120 million fund to support the expansion of Polar Semiconductor's chip manufacturing facility. This move aims to bolster domestic semiconductor production and alleviate global chip shortages. The proposed investment reflects the government's commitment to enhancing national semiconductor capabilities and ensuring a stable supply chain for critical industries reliant on semiconductor technology.