SK Hynix lands $450M in federal CHIPS Act funding for Indiana facility

South Korean chip manufacturer SK Hynix Inc. will receive up to $450 million of federal CHIPS Act support to build its $3.87 billion semiconductor packaging facility at the Purdue Research Park in West Lafayette, the federal government announced early Tuesday morning. The U.S. Department of Commerce and SK Hynix signed a non-binding preliminary memorandum of […]... Read More

Push for microchips could reshape Indiana’s economy

Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors, also called computer chips or microchips. As the federal government hustles to bring the industry back to the United States from foreign shores, Indiana is attempting to snag multibillion-dollar private-sector investments and millions […]... Read More