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  2. This includes $39 billion in manufacturing incentives, including $2 billion for the legacy chips used in automobiles and defense systems, $13.2 billion in R&D and workforce development,and $500 million to provide for international information communications technology security and semiconductor supply chain activities.
    www.whitehouse.gov/briefing-room/statements-releases/2022/08/09/fact-sheet-chips-and-science-act-will-lower-costs-create-jobs-strengthen-supply-chains-and-counter-china/
    www.whitehouse.gov/briefing-room/statements-releases/2022/08/09/fact-sheet-…
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  3. People also ask
    What appropriations does the chips Act of 2022 provide?In addition, the CHIPS Act of 2022 establishes and provides appropriations for three other funds. The CHIPS for America Defense Fund provides $2 billion for the Department of Defense ($400 million per year for FY2023-FY2027) to carry out the provisions of Section 9903(b) (Advanced Microelectronics Research and Development) of the 2021 NDAA.
    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.
    What will the chips Act do for America?The historic funding and incentives in the CHIPS Act will help rebuild our supply chains, manufacturing, and infrastructure here at home, along with crucial invests from the Bipartisan Infrastructure Law and Inflation Reduction Act.
    What is section a chips Act of 2022?DIVISION A--CHIPS ACT OF 2022 Sec. 101. Short title. Sec. 102. Creating helpful incentives to produce semiconductors (CHIPS) for America fund. Sec. 103. Semiconductor incentives. Sec. 104. Opportunity and inclusion. Sec. 105. Additional GAO reporting requirements. Sec. 106. Appropriations for wireless supply chain innovation.
     
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