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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, of 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 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.
    www.mckinsey.com/industries/public-sector/our-ins…
     
  3. People also ask
    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.
    How much money did the 2022 chips and science act attract?More Info The 2022 CHIPS and Science Act “attracted $640 billion in private companies’ investments.” President Joe Biden tours the building site for a new Taiwan Semiconductor Manufacturing Co. computer chip plant Dec. 6, 2022, in Phoenix.
    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's new with the chips Act?The Department of Commerce launched the first funding opportunity for the $39 billion in semiconductor manufacturing incentives provided in the Act just six months after CHIPS was passed.
     
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  5. The CHIPS and Science Act: Here’s what’s in it

    WEBOct 4, 2022 · The CHIPS and Science Act of 2022 (CHIPS Act) is a $280 billion law that aims to enhance US competitiveness, innovation, and national security. It funds semiconductor manufacturing, R&D, and …

  6. What Is the CHIPS and Science Act of 2022? - Investopedia

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

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  13. CHIPS Act of 2022 | CISA

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  15. CHIPS Act last $6 billion in semiconductor award money

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  19. China asks carmakers to use up to 25% local chips by 2025

  20. Remarks by President Biden at Signing of H.R. 4346, “The …

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  22. Exclusive: Nvidia cuts China prices in Huawei chip fight | Reuters

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