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  2. 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.
    en.wikipedia.org/wiki/CHIPS_and_Science_Act
    The Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act), signed into law on August 9, 2022, is designed to boost US competitiveness, innovation, and national security. The law aims to catalyze investments in domestic semiconductor manufacturing capacity.
    www.mckinsey.com/industries/public-sector/our-ins…
    Biden signed it into law in August 2022. Lawmakers wanted to pass the bill amid a global semiconductor shortage and to help the U.S. compete with China. Analysts at the consulting company McKinsey said the CHIPS Act is a $280 billion spending package over 10 years that includes research money as well as $53 billion for manufacturing.
    www.politifact.com/factchecks/2024/feb/29/joe-bide…
    The Commerce Department is tasked with implementing the CHIPS and Science Act -- which spends nearly $53 billion to spur research in and development of America's semiconductor industry. It is intended to address a nearly two-year global chip shortage that stemmed from supply chain issues related to the COVID-19 pandemic.
    www.commerce.gov/news/press-releases/2024/02/…
     
  3. People also ask
    What is the chips and Science Act?The CHIPS and Science Act will establish a technology, innovation, and partnerships directorate at the National Science Foundation (NSF) to focus on fields like semiconductors and advanced computing, advanced communications technology, advanced energy technologies, quantum information technologies, and biotechnology.
    What is chips Act of 2022?DIVISION A--CHIPS ACT OF 2022 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.
    What is the chips Act?(CHIPS Act), signed into law on August 9, 2022, is designed to boost US competitiveness, innovation, and national security. The law aims to catalyze investments in domestic semiconductor manufacturing capacity.
    How will Congress assess the effectiveness of the chips Act of 2022?Congress may opt to assess the effectiveness of the various provisions of the CHIPS Act of 2022 and its implementation. In doing so, Congress might identify specific criteria, methodology, benchmarks, and reporting requirements for the assessment or the implementation itself. Among the topics that Congress may opt to consider in this context:
     
  4. WEBOct 4, 2022 · The Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act), signed into law on August 9, 2022, is designed to boost US competitiveness, innovation, …

  5. WEBThe 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 …

  6. What Is the CHIPS and Science Act of 2022? - Investopedia

  7. H.R.4346 - Chips and Science Act 117th Congress (2021-2022)

  8. CHIPS and Science | NSF - National Science Foundation

  9. Summary of H.R. 4346: CHIPS Act of 2022 / Research and …

  10. A Look at the CHIPS-Related Portions of CHIPS+ - CSIS

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