The U.S. Commerce Department said Tuesday it plans to award $50 million to HP to support the expansion and modernization of an existing company facility in Oregon that will boost key semiconductor technologies.
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The proposed funding will support technologies that serve life sciences instrumentation and technology hardware used in artificial intelligence applications and other projects, the department said. 

 The investment will focus on advancing HP's capabilities in microfluidics and microelectromechanical systems. The funding is expected to facilitate the manufacturing of silicon devices that are essential for life sciences lab equipment, which plays a vital role in areas such as drug discovery, single-cell research, and cell line development 

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