Washington DC – U.S. Senators Ron Wyden and Jeff Merkley along with U.S. Rep. Val Hoyle welcomed today’s Biden administration announcement of a $53 million award from the federal CHIPS y Ley de Ciencias to HP for its Corvallis facility.
“This is great news for HP and its employees who are an essential brigade in Oregon’s battle plan to build an even stronger chip industry that keeps generating jobs in the Willamette Valley, the Silicon Forest and statewide,” dijo Wyden. “I’m proud to have worked to pass the CHIPS Act that helps HP and Oregon have an even stronger heartbeat at the center of U.S. semiconductor production with this $53 million investment in an expanded Corvallis chip fab, home to HP enhanced R&D and decades-long partnerships with researchers and students at Oregon State University. Stronger chips manufacturing in our state and nationwide is a vital matter of national security to move semiconductor supply chains away from China and back home to America.”
“Our 21st century economy is powered by tiny chips that hold huge opportunities, and this major federal investment in HP’s cutting-edge work ensures their possibilities are homegrown and harnessed in Oregon,” dijo Merkley. “It was exciting to visit HP’s Corvallis campus and see how the CHIPS y Ley de Ciencias will help them expand and take tomorrow’s technologies from discovery to design to delivery, all while creating good-paying local jobs. These essential ingredients will keep Oregon a world leader in semiconductor manufacturing for years to come.”
“This funding for HP is a massive step in support of our nation’s microchip manufacturing capabilities and places Oregon as a leader in this critical sector,” Rep. Hoyle said. “This $53 million investment will help create good jobs right here in the Willamette Valley and opportunities for students at Oregon State University.”
Oregon’s semiconductor industry employs roughly 33,000 people and is the state’s largest manufacturing sector. Additional CHIPS Act investments announced previously in Oregon include $8.5 billion for Intel in Hillsboro; a $72 million PMT (preliminary memoranda of terms) for Microchip Technologies in Gresham; and more than $9.25 million in awards from the National Science Foundation for Oregon’s research institutions and businesses.
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