Entegris and biden administration announce up to $75 million in proposed direct funding under chips act to drive u.s. semiconductor manufacturing

Billerica, mass.--(business wire)--entegris (nasdaq: entg), a global leader in advanced materials science, and the u.s. department of commerce have signed a non-binding preliminary memorandum of terms (pmt) for up to $75 million in proposed direct funding to entegris under the chips and science act. this funding would support the development of a state-of-the-art facility in colorado springs designed to create products critical to the future of semiconductor manufacturing in the u.s. entegris i.
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