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CHIPS Act

FILE - Intel CEO Lip-Bu Tan delivers a speech during the Computex 2025 exhibition in Taipei, Taiwan, Monday, May 19, 2025. (AP Photo/Chiang Ying-ying, File)
Aug 20, 2025

Trump administration eyes 10% stake in Intel amid US chip push

The Trump administration is negotiating a 10% stake in Intel by converting CHIPS Act grants. The move deepens U.S. government involvement in semiconductors as Trump pressures chipmakers to boost domestic production.

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy
Apr 30, 2025

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

Trump economy, GDP decline, U.S. tariffs, Biden blame, stock market, trade war, recession warning, import taxes, economic policy, CHIPS Act

Micron expects to expand Manassas facility soon
Jul 30, 2024

Micron expects to expand Manassas facility soon

Bolstered by hundreds of millions of dollars in state and federal funding, semiconductor manufacturing in Northern Virginia soon will be expanding. In May, Idaho-based Micron Technology applied for federal funding through the 2022 CHIPS and Science Act, which allocated more than $52 billion in subsidies for domestic companies researching and manufacturing semiconductors, to expand its […]

L to R: Petersburg Mayor Samuel Parham, U.S. Sen. Tim Kaine and Stan Benson, site head of Civica Petersburg, tour the nonprofit drugmaker’s new facility. Photo by Kate Andrews
Oct 23, 2023

Richmond-Petersburg pharma coalition wins fed designation

Central Virginia’s pharmaceutical hub received a federal designation that could lead to millions in federal funding in the future, while a 3D printing consortium in the New River Valley and Danville won a $500,000 federal grant, the U.S. Department of Commerce announced Monday. A group of public and private sector partners conducting pharmaceutical research and […]

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Jul 18, 2023

Va. semiconductor alliance powers forward

Virginia’s initiative to become a bigger part of the country’s burgeoning semiconductor chip industry charged forward Tuesday with the public launch of an alliance intended to unite academia and businesses in developing talent and establishing manufacturing and research facilities. Announced in April by Gov. Glenn Youngkin, the Virginia Alliance for Semiconductor Technology, or VAST, l[...]

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