The CHIPS and Science Act was signed into law on August 9, 2022 – creating a $52 billion investment to revitalize America’s domestic semiconductor industry and strengthen the country’s economic and national security. CHIPS for America within the U.S. Department of Commerce is responsible for administering $50 billion of the investments in semiconductor incentives and funding for research and development programs. The activities on this page continue the implementation phase of this program to bring manufacturing jobs back to the United States, strengthen global supply chains, and secure America’s technology leadership in the 21st century.
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