Department of Commerce Announces Letters of Intent With 7 Companies for $874 Million to Accelerate Semiconductor R&D for the Compute Supply Chain

Source: nistElectronics July 29, 2026 · 05:00
Department of Commerce Announces Letters of Intent With 7 Companies for $874 Million to Accelerate Semiconductor R&D for the Compute Supply Chain
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From the publisher
The Department of Commerce today announced the signing of 7 letters of intent to provide $874 million in federal incentives under the CHIPS and Science Act.
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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.

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