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HP finalizes $53 million in CHIPS Act money for Oregon expansion

  • Hp Inc. Has been awarded $53 million to expand its Corvallis facilities as part of a larger effort to boost computer chip development in the U.S.
  • The funding comes from the Federal Chips and Science Act, aimed at strengthening advanced computer chip manufacturing in the country.
  • The expansion could create 150 temporary construction jobs and more than 100 manufacturing positions, according to the Biden Administration.
  • The semiconductor industry is one of Oregon's largest employers, with more than 30,000 workers, according to state data.
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