The article states that the money has been put up, then it talk a lot about "Historically Black Colleges and Universities" but doesn't actually state that the money is going to those universities.
In fact, it states that the money is going to the CHIPS program of the National Institute of Standards and Technology, and then also states that HBCUs have their program called CHIPS.
The article is misleading and a bit confusing and makes it seem like the money is going to HBCUs when in fact it is going to NIST.