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  2. As part of the bipartisan CHIPS and Science Act, the Department of Commerce is overseeing $50 billion to revitalize the U.S. semiconductor industry, including $39 billion in semiconductor incentives.
    www.commerce.gov/news/press-releases/2023/02/…
    There is $38.2 billion available in direct funding, and the government expects to fund no more than 5 to 15 percent of a project’s capital expenditure. There is $75 billion available for loans and loan guarantees, which should not exceed 35 percent of a project’s capital expenses.
    spectrum.ieee.org/us-chips-act-funding
    In the aggregate, CHIPS authorized three research agencies – the National Science Foundation (NSF), the Department of Energy Office of Science (DOE Science), and the National Institute of Standards and Technology (NIST) – to receive $22.4 billion in FY 2023.
    fas.org/publication/chips-and-science-funding-upda…
    Later in 2023, the CHIPS Program Office will release a dedicated funding opportunity for semiconductor materials and manufacturing equipment facilities with capital investments below $300 million, as well as a funding opportunity for R&D facilities.
    www.nist.gov/chips
     
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