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 ...

Microchip Technology said Monday that it will shutter its factories for another two weeks at the end of June after another steep decline in quarterly revenue. The Arizona company’s executives and ...

WASHINGTON (AP) — Kamala Harris planned Monday to highlight how government funding for computer chip manufacturers could create factory jobs in the electoral battleground of Michigan, just days after ...

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 ...

WASHINGTON (AP) — The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law ...

Syracuse, N.Y. — New York took an extraordinary gamble when it built a $100 million microchip factory in a Syracuse suburb at taxpayer expense, and its recent failure was entirely predictable, a ...

WASHINGTON (AP) — The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York ...