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 ...
GRESHAM, Ore. — 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 ...
Microchip Technology plans to temporarily cut the wages of employees who aren’t subject to the company’s pending factory shutdowns, a “shared sacrifice” amid a falloff in customer demand. Most of ...
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 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Microchip Technology, which has ...
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 ...
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