Biden-Harris Administration Announces $50 Million Investment in HP's Oregon Facility

The Biden-Harris Administration has announced preliminary terms with HP Inc., offering up to $50 million in direct funding under the CHIPS and Science Act. This investment will support the expansion and modernization of HP’s microfluidics and microelectromechanical systems (MEMS) facility in Corvallis, Oregon—a key hub in HP’s "lab-to-fab" ecosystem, where research transitions into large-scale manufacturing.

HP will leverage these funds to advance its semiconductor-based technologies, with a particular focus on microfluidics. These innovations, which study fluid behavior on a microscopic scale, are essential to life sciences applications like drug discovery, single-cell research, and cell line development, significantly enhancing precision and efficiency in lab processes.

The facility will also continue developing advanced semiconductor technologies critical for sectors such as life sciences, artificial intelligence, and public health. Collaborating with institutions like Oregon State University, HP’s expanded capabilities will accelerate breakthroughs in drug discovery and AI hardware.

The project is expected to create 150 construction jobs and over 100 manufacturing jobs, aligning with the administration’s goal of strengthening the domestic semiconductor supply chain and boosting local employment. HP’s commitment to sustainability is clear, with a goal to power operations with 100% renewable energy by 2025.

HP’s Corvallis campus, a cornerstone of the company’s innovation, is set to lead future breakthroughs in MEMS and microfluidics, funding aligns with the CHIPS Act’s broader mission to bring semiconductor manufacturing back to the U.S., driving innovation in sectors like healthcare, AI, and environmental monitoring.

By investing in HP’s technological advancements, the Biden-Harris Administration reaffirms its commitment to maintaining the U.S.’s competitive edge in semiconductor technology and securing a resilient supply chain for the future.