Oregonian

Microchip, closing factory and cutting jobs, steps back from deal for federal expansion subsidies

Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon and Colorado. “I have put the negotiations with the CHIPS office on hold ...
Oregonian

Microchip will close Arizona factory while it pursues federal subsidies to expand in Oregon, Colorado

Microchip Technology said Monday that it will close its factory in Tempe, Arizona, and lay off 500 next year amid depressed sales. Microchip said the closure will eventually save it $90 million a year ...
WIBC

$450 million Investment for New Microchip Factory near Purdue

WEST LAFAYETTE, Ind. — A planned microchip factory near Purdue receives a federal investment of up to $450 million for construction. SK Hynix’s semiconductor packaging and research facility in West ...
The Business Journals

Microchip to close Arizona facility, cites Oregon expansion options

Microchip Technology, which has faced headwinds in the market for its computer chips this year, plans to close down its Valley factory in 2025 to reduce costs, affecting hundreds of workers. Microchip ...
Milwaukee Journal Sentinel

Microchip company no longer buying Port Washington farmland; broker courts other buyers

An unknown semiconductor company that had its eye on building a massive factory on thousands of acres of Port Washington farmland has decided not to follow through with the purchase, according to ...
The Business Journals

Microchip Technology's turnaround plan shows progress, CEO says company better positioned

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Wall Street investors have ...