Corning set to receive $32M under CHIPS as program surpasses $36B

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John M. Chase/iStock Unreleased via Getty Images Corning (NYSE:GLW) was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain ...

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Chase/iStock Unreleased via Getty Images Corning (NYSE:GLW) was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain ...</p>\n\n<a href=\"https://seekingalpha.com/news/4267417-corning-set-to-receive-32m-under-chips-to-support-us-supply-chain\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Corning set to receive $32M under CHIPS as program surpasses $36B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCorning set to receive $32M under CHIPS as program surpasses $36B\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-09 01:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4267417-corning-set-to-receive-32m-under-chips-to-support-us-supply-chain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>John M. Chase/iStock Unreleased via Getty Images Corning (NYSE:GLW) was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain ...</p>\n\n<a href=\"https://seekingalpha.com/news/4267417-corning-set-to-receive-32m-under-chips-to-support-us-supply-chain\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://seekingalpha.com/news/4267417-corning-set-to-receive-32m-under-chips-to-support-us-supply-chain","article_id":"2482433963","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1411121327/image_1411121327.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482433963","pubTimestamp":1731087407,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"John M. Chase/iStock Unreleased via Getty Images Corning (NYSE:GLW) was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain afte","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4512":"苹果概念","GLW":"康宁","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4148":"电子元件","BK4585":"ETF&股票定投概念"},"translate_title":"随着计划超过36B美元，康宁将获得3200万美元的CHIPS资金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLW":0.9},"content_text":"John M. Chase/iStock Unreleased via Getty Images Corning (NYSE:GLW) was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain after the Department of Commerce signed a preliminary memorandum of terms on Friday. Corning shares inched up 1% by early afternoon trading. The department also announced $3M to Powerex. \"The proposed investment in Corning would support the company's expansion of its existing manufacturing facility in Canton, N.Y., and is expected to create 130 manufacturing jobs and over 175 construction jobs,\" the Biden-Harris Administration said in an announcement. \"The proposed investment in Powerex would support the modernization and expansion of the company’s back-end production facility in Youngwood, Penn., and is expected to create over 55 manufacturing jobs and up to 20 construction jobs.\" \"Because of the Biden-Harris Administration’s bipartisan CHIPS and Science Act, we are making targeted proposed investments across the semiconductor supply chain that are driving the revitalization of this industry in America,\" said U.S. Secretary of Commerce Gina Raimondo. The funds for Corning are expected to support its glassmaking workforce. The $3M slated for Powerex supports its $15M investment to modernize and expand its Youngswood factory. The facility packages semiconductor power modules for defense applications, including the F-35, as well as commercial and industrial applications.  CHIPS has now announced more than $36B in proposed funding. Some of the recipients named to receive more than $1B through the act include Intel (INTC), TSMC (TSM), Samsung (OTCPK:SSNLF) and Texas Instruments (TXN).","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482433963"}