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  2. 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.
    en.wikipedia.org/wiki/CHIPS_and_Science_Act
    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…
    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.
    www.pwc.com/us/en/library/chips-act.html
    The CHIPS and Science Act contains the largest investment in US research and development (R&D) — a key building block of innovation — in US history. The legislation’s historic federal investments represent a seismic shift in the US approach to the funding and composition of its innovation, technology, and manufacturing sector.
    www.ussc.edu.au/explainer-the-chips-and-science …
     
  3. People also ask
    What is the chips Act?(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.
    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.
    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 for America Act?The CHIPS for America Act portion stemmed from Under Secretary of State Krach and his team brokering the $12 billion on-shoring of TSMC (Taiwan Semiconductor Manufacturing Company) to secure the supply chain of sophisticated semiconductors, on May 15, 2020.
     
  4. The CHIPS and Science Act: Here’s what’s in it

    WEBOct 4, 2022 · 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, …

  5. What Is the CHIPS and Science Act of 2022?

    WEBApr 10, 2023 · The CHIPS and Science Act of 2022 includes provisions to protect U.S. national security interests in research and advanced manufacturing. It prohibits funding the...

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

  7. The CHIPS and Science Act

  8. CHIPS and Science Act - Wikipedia

  9. What Is the CHIPS Act? | Council on Foreign Relations

  10. CHIPS for America | NIST

  11. The CHIPS Act Is About More Than Chips: Here’s What’s in It

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

  13. Bill to boost U.S.-made semiconductor chips clears the Senate

  14. The CHIPS Act money: A timeline of grants to chipmakers

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

  16. Senate approves CHIPS funding and tax credit bill to promote US …

  17. CHIPS Act to triple US semiconductor production by 2032, report …

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

  19. CHIPS Act helps fund private US acquisition of Polar fab

  20. CHIPS for America Announces $285 Million Funding Opportunity …

  21. America will make at least quarter of advanced chips in 2032

  22. View the CHIPS+ Legislation - U.S. Senate Committee on …

  23. Biden raises tariffs on Chinese EVs, chips and other goods | AP …

  24. Biden to increase tariffs on $18 billion in Chinese imports in a new ...