IMAGE

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card |

program: the CHIPS + Science Act
platform: Wikipedia
profile: the CHIPS + Science Act :: visit

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The official website |

govt. office: NIST
country: US
banner: CHIPS for America.
web: home ~ channel

* NIST = the National Institute of Standards + Technology
* NIST is under the Dept. of Commerce ~ US

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the SUMMARY |

The CHIPS + Science Act is a US federal statute enacted by the 117th US Congress, signed into law by US President Joe Biden in August 2022.

The act authorizes $280 billion in new funding to boost domestic research + manufacturing of semi-conductors in the US, for which it appropriates $52.7 billion.

The act includes $39 billion in subsidies for chip manufacturing on US soil along with 25% investment tax credits for costs of manufacturing equipment, and $13 billion for semi-conductor research + workforce training, with the dual aim of strengthening American supply chain resilience and countering China.

The act doesn’t have an official title but it’s divided into 3 divisions with their own.

a.
the Creating Helpful Incentives to Produce Semi-Conductors (CHIPS) Act of 2022

b.
the Research + Development, Competition, and Innovation Act

c.
the Supreme Court Security Funding Act of 2022

It invests $174 billion in the overall eco-system of public sector research in science + tech, including in:

:: NASA
:: NIST
:: the NSF
:: the DOE
:: the EDA

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some VIDEOS |

company: Intel
featurette: Why Intel supports the CHIPS Act.
watch | featurette

platform: the Associated Press
featurette: US President Joe Biden signs the CHIPS + Science Act.
watch | featurette

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the NOTES |

* DOE = Dept. of Energy
* EDA = Economic Development Admin.
* NASA = National Aeronautics + Space Admin.
* NIST = National Institute of Standards + Technology
* NSF = National Science Foundation