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First US CHIPS and Science Act funding to modernize BAE Systems’ Microelectronics Center

What happened

The U.S. Department of Commerce announced $35 million in CHIPS Act funding for BAE Systems to modernize its Microelectronics Center in Nashua, New Hampshire. This is the first award under the act, aimed at bolstering U.S. semiconductor manufacturing for national security. 关注: This signals long-term government support for domestic defense chip production, potentially altering future supply dynamics for specialized components.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

Radiation-Hardened SemiconductorsDefense-Grade Semiconductors
BAE Systems
CHIPS Actsubsidycapacity-expansiondefense

Source and time

Source: Semiconductor Today · 12/11/2023 · View original source

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