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- The CHIPS and Science Act of 2022 is a bipartisan act that provides $52.7 billion in federal funding to revitalize the U.S. semiconductor industry1. The act includes $39 billion in semiconductor incentives, $13.2 billion in R&D and workforce development, and $500 million to strengthen global supply chains1. The act invests $250 billion in semiconductor and scientific research and development (R&D)2. The CHIPS funding will promote U.S. leadership in chipmaking, strengthen the semiconductor supply chain, and advance U.S. economic and national security3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The bipartisan CHIPS and Science Act of 2022 provides $52.7 billion in federal funding to revitalize the U.S. semiconductor industry, including $39 billion in semiconductor incentives, $13.2 billion in R&D and workforce development, and $500 million to strengthen global supply chains.www.nist.gov/system/files/documents/2023/02/28/…The 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…CHIPS for America Fact Sheet February 28, 2023 Funding Opportunity – Commercial Fabrication Facilities FACT SHEET: Protecting U.S. Taxpayers CHIPS funding will promote U.S. leadership in chipmaking, strengthen the semiconductor supply chain, and advance U.S. economic and national security.www.nist.gov/system/files/documents/2023/02/28/…
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