Department of Commerce Announces Finalization of CHIPS Incentives with Powerex to Enhance Domestic Production Capacity of Key Components for U.S. Semiconductor Manufacturing
Source:
nistManufacturing
June 5, 2026 · 05:00
From the publisher
The U.S. Department of Commerce announced today the signing of a Direct Funding Agreement with Powerex to invest $30 million in manufacturing and R&D to dramatically expand domestic power module production.
About the source
National Institute of Standards and Technology
The National Institute of Standards and Technology (NIST) is an agency of the United States Department of Commerce whose mission is to promote American innovation and industrial competitiveness. NIST's activities are organized into physical science laboratory programs that include nanoscale science and technology, engineering, information technology, neutron research, material measurement, and physical measurement. From 1901 to 1988, the agency was named the National Bureau of Standards.
Wikidata Q176691
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The original article opens on the publisher's website.
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