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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 which … See more
The CHIPS and Science Act combines two bipartisan bills: the Endless Frontier Act, designed to boost investment in domestic high-tech research, and the CHIPS for America Act, … See more
Support
Many legislators and elected officials from across both the federal government and various state … See moreUnderfunding of research agencies
In June 2023, after the passage of the debt-ceiling deal, Federation of American Scientists analysts Matt Hourihan and Melissa Roberts Chapman and Brookings Institution analyst Mark Muro noted that the See moreThe law constitutes an industrial policy initiative which takes place against the background of a perceived AI Cold War between the US and China, as artificial intelligence technology … See more
Every senator in the Senate Democratic Caucus except for Bernie Sanders voted in favor of passing the CHIPS Act, and they were joined by seventeen Republican senators, including … See more
Science impact
In August 2023, around the one-year anniversary of the act becoming law, the NSF released a fact … See moreState Department funds
The State Department has awarded $200 million in partnerships to academia and foreign companies as … See moreWikipedia text under CC-BY-SA license FACT SHEET: CHIPS and Science Act Will Lower Costs, Create …
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