This webinar will review the incentive programs described in the recently released CHIPS for America Strategy Paper. CHIPS Program Office staff will conduct a live presentation and answer questions.
In 2022, President Joe Biden signed into law the CHIPS and Science Act of 2022, which provides the Department of Commerce with $50 billion for semiconductor research, development, and manufacturing—while also investing in American workers.
These programs seek to restore U.S. leadership in semiconductor manufacturing by providing incentives and encouraging investment to expand the domestic manufacturing capacity necessary to produce the most advanced semiconductors needed for applications in AI and high-performance computing, as well as less advanced semiconductors that remain critical components of everything from automobiles to microwave ovens. In addition to major manufacturing investments, these programs will also create a dynamic new center for innovation and research, laying the groundwork for the creation of the next generation industries.