Entegris and Biden Administration Announce up to $75 Million in Proposed Direct Funding Under CHIPS Act to Drive U.S. Semiconductor Manufacturing
Entegris, Inc. (ENTG)
Last entegris, inc. earnings: 4/21 06:00 am
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Source: Business Wire
Funding would support the manufacture of products in Colorado Springs critical to the semiconductor industry. 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.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240625300130/en/Entegris' new Manufacturing Center of Excellence in Colorado Springs, CO, is expected to begin initial commercial operations in 2025 (Graphic: Entegris)Entegris is among the first suppliers in the semiconductor industry to enter into a PMT with the U.S. Department of Comme
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- Entegris, Inc. (NASDAQ: ENTG) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $150.00 price target on the stock.MarketBeat
ENTG
Earnings
- 5/1/24 - Beat
ENTG
Sec Filings
- 6/7/24 - Form SC
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- ENTG's page on the SEC website