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  2. Through the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America program, Title XCIX of P.L. 116-283, the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (2021 NDAA), Congress authorized an incentive program for building and equipping semiconductor fabrication facilities in the United States.
    crsreports.congress.gov/product/pdf/R/R47558
    In January 2021, Congress passed the CHIPS for America Act into law. This legislation authorized the Department of Commerce (DOC), Department of Defense (DoD), and Department of State (DOS) to develop onshore domestic manufacturing of semiconductors.
    www.investopedia.com/chips-and-science-act-650…

    The act establishes and provides funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America International Technology Security and Innovation Fund to (1) provide for international information and communications technology security and semiconductor supply chain activities, including to support the development and adoption of secure and trusted telecommunications technologies, secure semiconductors,...

    www.congress.gov/bill/117th-congress/house-bill/4…
     
  3. People also ask
    What is the chips for America Act?Reflecting this emerging consensus, the CHIPS for America Act authorizes several programs to both expand U.S. semiconductor fabrication capacity and to support continued research and development of advanced chips.
    What is the chips Act of 2022?To address these challenges, Congress passed the CHIPS Act of 2022, which includes semiconductor manufacturing grants, research investments, and an investment tax credit for chip manufacturing. SIA also supports enactment of an investment tax credit for semiconductor design.
    How will Congress assess the effectiveness of the chips Act of 2022?Congress may opt to assess the effectiveness of the various provisions of the CHIPS Act of 2022 and its implementation. In doing so, Congress might identify specific criteria, methodology, benchmarks, and reporting requirements for the assessment or the implementation itself. Among the topics that Congress may opt to consider in this context:
    What is the chips for America Fund?For the CHIPS for America Fund, the act appropriates $50.0 billion for FY2023-FY2027 to the Department of Commerce for semiconductor incentives intended to develop domestic manufacturing capabilities as well as for R&D and workforce development.
     
  4. CHIPS for America | NIST

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

    WEBJan 31, 2022 · The CHIPS for America Act, enacted in 2021, aims to promote U.S. semiconductor research, development, and fabrication. Learn about the Act's objectives, authorized programs, and barriers to …

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

  7. FACT SHEET: Biden-Harris Administration Bringing …

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  8. FACT SHEET: President Biden Signs Executive Order to …

  9. A Strategy for the CHIPS for America Fund | NIST

  10. The Biden-Harris Administration Begins Implementation of CHIPS …

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  11. Biden Administration Releases Implementation Strategy for $50 …

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

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

  14. Analysis for CHIPS Act and BIA Briefing - Commerce.gov

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  15. SIA Applauds Senate Introduction of FABS Act

  16. An overview of the CHIPS for America Act | Electronics360

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  17. The CHIPS Act Has Already Sparked $450 Billion in Private …

  18. FACT SHEET: CHIPS and Science Act Will Lower Costs, Create …

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  19. Remarks by U.S. Secretary of Commerce Gina Raimondo: The …

  20. Who Got Money From the CHIPS Act? Intel, Samsung Get Billion …

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

  22. FACT SHEET: One Year after the CHIPS and Science Act, Biden-

  23. CHIPS Act to triple U.S. semiconductor manufacturing capacity …

  24. U.S. Department of Commerce -- Applicability of Congressional …

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