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  2. The CHIPS and Science Act is a U.S. federal statute enacted in 2022 to boost domestic research and manufacturing of semiconductors. It authorizes roughly $280 billion in new funding and aims to enhance U.S. competitiveness, innovation, and national security by catalyzing investments in domestic semiconductor manufacturing capacity123. The act prohibits funding recipients from expanding semiconductor manufacturing in China and other countries posing a national security threat to the U.S.4.
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    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.

    CHIPS and Science Act - Wikipedia

    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.

    The CHIPS and Science Act: What is it …

    www.mckinsey.com/industries/public-sector/our-ins…
    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.

    What Is the CHIPS and Science Act of 2…

    www.investopedia.com/chips-and-science-act-650…
    The CHIPS Act prohibits funding recipients from expanding semiconductor manufacturing in China and countries defined by US law as posing a national security threat to the United States. These restrictions would apply to any new facility, unless the facility produces legacy semiconductors predominately for that country’s market.

    The CHIPS Act: What it means for the s…

    www.pwc.com/us/en/library/chips-act.html
     
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    What is the chips Act of 2022?The CHIPS Act of 2022 (Division A of P.L. 117-167) establishes and appropriates $39.0 billion to a CHIPS for America Fund to bolster semiconductor manufacturing capacity in the United States by providing financial incentives for building, expanding, and equipping domestic fabrication facilities and companies in the semiconductor supply chain.

    Frequently Asked Questions: CHIPS Act of 2022 Provisions and Implem…

    crsreports.congress.gov
    When did the chips and Science Act become law?In July 2022, Congress enacted the CHIPS and Science Act (P.L. 117-167), which President Biden signed into law in August 2022.

    Frequently Asked Questions: CHIPS Act of 2022 Provisions and Implem…

    crsreports.congress.gov
    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:

    Frequently Asked Questions: CHIPS Act of 2022 Provisions and Implem…

    crsreports.congress.gov
    Will Biden sign a bipartisan chips & Science Act of 2022?The construction of new manufacturing facilities has increased 116 percent over last year. Today, President Biden will sign into law the bipartisan CHIPS and Science Act of 2022, which will build on this progress, making historic investments that will poise U.S. workers, communities, and businesses to win the race for the 21 st century.

    FACT SHEET: CHIPS and Science Act Will Lower Costs, Create Jobs

    whitehouse.gov
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    Wikipedia
    https://en.wikipedia.org/wiki/CHIPS_and_Science_Act

    CHIPS and Science Act - Wikipedia

    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 … See more

    History

    The CHIPS and Science Act combines two bipartisan bills: the Endless Frontier Act, designed to boost investment in domestic high-tech research, … See more

    Passage

    Every senator in the Senate Democratic Caucus except for Bernie Sanders voted in favor of passing the CHIPS Act, and they were joined by … See more

    Impact

    Science impact
    In August 2023, around the one-year anniversary of the act becoming law, the NSF released a … See more

    See also

    • America COMPETES Act of 2022 – original House version
    • European Chips Act
    • Infrastructure Investment and Jobs Act and Inflation Reduction Act of 2022 – other major acts in … See more

    Overview image
    Passage image
    Background and provisions

    The law constitutes an industrial policy initiative which takes place against the background of a perceived AI Cold War between the US … See more

    Reception

    Support
    Many legislators and elected officials from across both the federal government and various state governments endorsed the passage. A large … See more

    Implementation

    Underfunding of research agencies
    In June 2023, after the passage of the debt-ceiling deal, Federation of American Scientists analysts … See more

     
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  5. The White House
    https://www.whitehouse.gov/briefing-room/statements...

    FACT SHEET: CHIPS and Science Act Will Lower …

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    The CHIPS Act of 2022 - Senate
    commerce.senate.gov
    The Passage of the CHIPS and Science Act of 2022
    state.gov
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  6. CRS Reports
    https://crsreports.congress.gov/product/pdf/R/R47523
    [PDF]

    Frequently Asked Questions: CHIPS Act of 2022 …

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    The CHIPS Act: Good Questions, Bad Questions, Bad …
    forbes.com
    Semiconductors and the CHIPS Act: The Global Context
    crsreports.congress.gov
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  7. senate.gov
    https://www.commerce.senate.gov/services/files/592...
    [PDF]

    The CHIPS Act of 2022 - Senate

  8. The White House
    https://www.whitehouse.gov/briefing-room/...

    Executive Order on the Implementation of the CHIPS Act …

  9. The White House
    https://www.whitehouse.gov/briefing-room/statements...

    FACT SHEET: President Biden Signs Executive Order to …

  10. Semiconductor Industry Association
    https://www.semiconductors.org/chips

    CHIPS for America Act & FABS Act - Semiconductor …

  11. Congress.gov
    https://www.congress.gov/bill/117th-congress/house-bill/4346

    H.R.4346 - 117th Congress (2021-2022): Chips and …

  12. Congress.gov
    https://www.congress.gov/bill/117th-congress/house-bill/4346/text

    H.R.4346 - Chips and Science Act 117th Congress (2021 …

  13. U.S. Department of State
    https://www.state.gov/the-passage-of-the-chips-and-science-act-of-2022

    The Passage of the CHIPS and Science Act of 2022

  14. Congress.gov
    https://www.congress.gov/117/bills/hr4346/BILLS-117hr4346enr.pdf
    [PDF]

    One Hundred Seventeenth Congress of the United States of …

  15. U.S. Department of Commerce
    https://www.commerce.gov/news/press-releases/2022/...

    Commerce Department Launches CHIPS.gov for CHIPS Program …

  16. ABC News
    https://abcnews.go.com/Politics/biden-signs-chips...

    Biden signs CHIPS Act, intended to relieve the pandemic-era …

  17. National Quantum Initiative
    https://www.quantum.gov/quantum-in-the-chips-and-science-act-of-2022

    Quantum in the CHIPS and Science Act of 2022

  18. NIST
    https://www.nist.gov/document/investment-process-overview
    [PDF]

    CHIPS for America: Investment Process Overview - National …

  19. Wikipedia
    https://en.wikipedia.org/wiki/United_States...

    United States Innovation and Competition Act - Wikipedia

  20. The White House
    https://www.whitehouse.gov/briefing-room/statements...

    FACT SHEET: One Year after the CHIPS and Science Act, Biden-

  21. Semiconductor Industry Association
    https://www.semiconductors.org/wp-content/uploads/...
    [PDF]

    PASS THE CHIPS ACT OF 2022 - Semiconductor Industry …

  22. CISA
    https://www.cisa.gov/resources-tools/resources/chips-act-2022

    CHIPS Act of 2022 | CISA

  23. Congress.gov
    https://www.congress.gov/bill/117th-congress/house-bill/4346/titles

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

  24. MSN
    https://www.msn.com/en-us/money/companies/the...

    The CHIPS Act of 2022: Revitalizing the U.S. Semiconductor

  25. NPR
    https://www.npr.org/2022/08/09/1116591031

    The new CHIPS and Science Act will bring semiconductor chip

  26. The Verge
    https://www.theverge.com/24166234/chips-act...

    Where the CHIPS Act money has gone - The Verge

  27. Wikipedia
    https://de.wikipedia.org/wiki/CHIPS_and_Science_Act

    CHIPS and Science Act – Wikipedia