USEconomy

Texas Instruments Secures $1.6 Billion Chips Act Award to Boost Semiconductor Production

17 hours ago

In a significant development for the semiconductor industry, Texas Instruments (TI) has officially finalized its award under the federal Chips Act, securing a substantial $1.6 billion in funding. This initiative is part of a broader effort by the U.S. government to bolster domestic chip manufacturing and reduce reliance on foreign supply chains, particularly amid ongoing global shortages.

SoftBank's Son Commits $100 Billion to Boost U.S. Investments

6 days ago

In a significant move that signals optimism for the U.S. economy, SoftBank Group Corp. founder Masayoshi Son has announced plans to invest $100 billion in various sectors within the United States. This substantial commitment comes at a pivotal time when the nation is grappling with economic challenges, and the tech sector continues to experience rapid evolution.

US Company Sentiment Soars as Trump Presidency Fosters Pro-Business Environment

19 days ago

Recent reports indicate a remarkable surge in business sentiment among U.S. companies, attributed to the policies and direction of the newly elected Trump administration. This positive shift reflects a broader optimism within the corporate sector, fueled by anticipated pro-business regulations and tax reforms that promise to stimulate economic growth.

GlobalFoundries Secures $1.5 Billion Grant Under CHIPS Act: A Major Milestone for U.S. Semiconductor Manufacturing

1 month ago

GlobalFoundries has made a significant stride in the semiconductor industry by solidifying a deal that will provide them with a substantial $1.5 billion grant through the CHIPS (Creating Helpful Incentives to Produce Semiconductors) Act. This strategic funding initiative is aimed at bolstering U.S. semiconductor manufacturing capabilities and ensuring that domestic production can meet the rising global demand for chips.