HP secures up to $50 million in CHIPS Act funding to expand an Oregon facility

HP is the latest recipient of CHIPS and Science Act funding. The Biden-Harris Administration said on Tuesday that the Department of Commerce has agreed to preliminary terms with the company to funnel up to $50 million into modernizing the company’s Oregon-based plant. The expansion of HP’s “lab-to-fab” facility, which combines R&D with chip manufacturing, is expected to create over 250 jobs.

Once finalized, HP’s funding would support the development of chips for life sciences lab equipment. This includes devices used for drug discovery, single-cell research and cell line development. HP says the expansion will also advance tech built for microfluidics, the study

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