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releases: https://stanton.house.gov/2024/12/stanton-applauds-finalized-407-million-chips-act-funding-agreement-for-tempe-based-amkor

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://stanton.house.gov/2024/12/stanton-applauds-finalized-407-million-chips-act-funding-agreement-for-tempe-based-amkor Stanton Applauds Finalized $407 Million CHIPS Act Funding Agreement for Tempe-Based Amkor 2024-12-20 2024 2024-12 Democrat House AZ Greg Stanton S001211 stanton.house.gov stanton https://stanton.house.gov/press-releases scraper Rep. Greg Stanton today applauded the finalized $407 million CHIPS Act investment in Amkor, a Tempe-based semiconductor packaging and testing company. The funding is a $7 million increase over the $400 million announced earlier this year. This funding will support Amkor’s investment of approximately $2 billion and 2,000 jobs in a greenfield project in Peoria, Arizona, which will provide full end-to-end advanced packaging for the world’s most advanced semiconductors for applications in high-performance computing, AI, communications, and automotive end markets. It has been standard for American semiconductor companies to ship their product overseas for packaging—now they will be able to package and test their essential chips domestically, enabling the full cycle of chip manufacturing to occur within the United States. “Arizona companies continue to dominate America’s semiconductor industry. This latest CHIPS investment in Amkor creates new jobs and strengthens our economy, national security, and critical supply chains by keeping semiconductors in Arizona for packaging,” said Congressman Stanton. “The entire process of designing, gathering materials, producing, and testing advanced semiconductors will all happen right here at home.” 1 2026-03-30T01:40:41Z 2026-04-06T19:07:19Z
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