Microchip Technology plans to furlough employees at its Gresham factory for two weeks in March, and possibly again in June, amid an unexpectedly steep drop-off in sales. Workers got the news this week ...

Semiconductor maker Microchip Technology has abruptly stopped pursuing a $162 million federal CHIPS Act grant, $72 million of which was intended to fund a major expansion of the company's factory in ...

WASHINGTON (AP) — Kamala Harris planned Monday to highlight how government funding for computer chip manufacturers could create factory jobs in the electoral battleground of Michigan, just days after ...

The Biden administration said Monday the government is providing $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement ...

WASHINGTON (AP) — The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law ...

The Biden administration announced an agreement Thursday to provide $162 million in federal funding to Microchip Technology to expand production of computer chips domestically, the second tranche of ...