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  2. July 2022
    • According to 2 sources
    In July 2022, Congress passed the CHIPS Act of 2022 to strengthen domestic semiconductor manufacturing, design and research, fortify the economy and national security, and reinforce America’s chip supply chains.
    The CHIPS & Science Act (now called The CHIPS for America Act) passed by Congress in July 2022 set aside more than $52 billion in government incentives to spur semiconductor development and production on US soil.
     
  3. People also ask
    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.
    What is the chips Act?The CHIPS and Science Act of 2022, referred to as the CHIPS Act, is a $280 billion dollar spending package passed by Congress in July. About $50 billion in spending is directly focused on increasing semiconductor production domestically.
    What is the chip & Science Act?In a 243-187 vote on Thursday, the House passed the $280 billion CHIPS and Science Act to strengthen US science and technology innovation. The bill, a Biden administration priority, includes $52 billion in subsidies to encourage chip manufacturers to build out semiconductor fabrications plants, or “fabs,” in the US.
    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.
     
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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 … 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

    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 Senate Republican leader Mitch McConnell, Utah senator Mitt Romney See more

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

    Overview image
    Passage image

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

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

    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. CHIPS Act clears Congress, ensuring $52 billion boost to US …

  6. CHIPS and Science ACT | House Committee on …

    WebThe CHIPS and Science Act includes a historic investment to surge production of American-made semiconductors, tackle supply chain vulnerabilities to make more goods in America, revitalize America’s …

  7. CHIPS bill: Here’s what’s in the bipartisan semiconductor chip ...

  8. Fact-checking Joe Biden’s statement on the CHIPS Act

  9. The CHIPS Act Passes Congress to Boost US Semiconductor …

  10. CHIPS for America Act & FABS Act - Semiconductor Industry …

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

  12. Why the CHIPS and Science Act Is a Climate Bill - The Atlantic

  13. Senate passes bipartisan bill to subsidize U.S.-made …

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

  15. What’s in the recently passed CHIPS Act? - USAFacts

  16. The CHIPS and Science Act: Here’s what’s in it - McKinsey

  17. The CHIPS for America Act: Why It is Necessary and What It …

  18. House Passes Chips Act to Boost U.S. Semiconductor Production

  19. Statement from President Joe Biden on CHIPS and Science Act …

  20. Chips Act Funding: Where the Money's Going - IEEE Spectrum

  21. Biden-Harris Administration Launches First CHIPS for America …

  22. The CHIPS and Science Act of 2022 - National Governors …

  23. CHIPS Act to fund $285 million for semiconductor digital twins

  24. There aren't nearly enough workers to support new US chip …

  25. Billions in Chips Grants Are Expected to Fuel Industry Growth, …

  26. Companies in need of CHIPS Act money are rolling out child care …