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The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States, for which it appropriates $52.7 billion.
Aug 9, 2023 · The CHIPS and Science Act aims to change this by driving American competitiveness, making American supply chains more resilient, and supporting our national security and access to key...
Aug 9, 2022 · The CHIPS and Science Act will boost American semiconductor research, development, and production, ensuring U.S. leadership in the technology that forms the foundation of everything from...
CHIPS Act of 2022. (Sec. 102) The act establishes and provides funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund to carry out activities relating to the creation of incentives to produce semiconductors in the United States.
Jun 7, 2024 · The CHIPS Act is intended to restart the US semiconductor industry and start competing against Chinese dominance in the chip manufacturing space.
6 days ago · That’s why President Biden signed the bipartisan CHIPS and Science Act of 2022 into law. The law provides the Department of Commerce with $50 billion for a suite of programs to strengthen and revitalize the U.S. position in semiconductor research, development, and manufacturing—while also investing in American workers.
Apr 25, 2023 · The CHIPS Act of 2022 (Division A of P.L. 117-167) establishes and appropriates $39.0 billion to a CHIPS for America Fund to bolster semiconductor manufacturing capacity in the United States by providing financial incentives for building, expanding, and equipping domestic fabrication facilities and
Jul 28, 2022 · The House passed the “CHIPS plus” bill in a bipartisan vote Thursday, sending to President Joe Biden’s desk a $280 billion package designed to boost domestic microchip production and make ...
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Jun 26, 2024 · President Biden signed the bipartisan CHIPS and Science Act to usher in a new era of semiconductor manufacturing in the United States, bringing with it a revitalized domestic supply chain, good-paying jobs, and investments in the industries of the future. The proposed investment would onshore critical semiconductor supply chain and ...
Text for H.R.4346 - 117th Congress (2021-2022): Chips and Science Act
