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- $250 billionThe CHIPS and Science Act of 2022 is a bipartisan law signed by President Joe Biden on August 9, 2022. It invests $250 billion in semiconductor and scientific research and development (R&D)12. The act aims to revitalize the domestic semiconductor industry and create the largest publicly funded R&D program in the country’s history23. It is part of President Biden’s Investing in America agenda3. The bill provides funding to drive U.S. economic competitiveness4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.On August 9, 2022, President Joe Biden signed into law the "CHIPS and Science Act of 2022." The act authorizes historic investments in curiosity-driven, exploratory research and use-inspired, translational research.new.nsf.gov/chipsThe CHIPS and Science Act of 2022 invests $250 billion in semiconductor and scientific research and development (R&D). The act, which became law on Aug. 9, 2022, appropriates funding for programs previously authorized under the CHIPS for America Act of 2021. The act creates the largest publicly funded R&D program in the country’s history.www.investopedia.com/chips-and-science-act-650…The bipartisan CHIPS and Science Act of 2022 is a key part of President Biden’s Investing in America agenda and provides $52.7 billion in federal funding to revitalize the domestic semiconductor industry.www.nist.gov/chips/chips-incentives-funding-opport…CHIPS and Science Act: The bill provides $11.2 billion—$635 million more than fiscal year 2024—for science and technology programs to continue implementation of the bipartisan CHIPS and Science Act and to help drive U.S. economic competitiveness.www.appropriations.senate.gov/news/majority/bill-s…
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H.R.4346 - CHIPS and Science Act 117th Congress (2021-2022)
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