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- Creating Helpful Incentives to Produce SemiconductorsThe Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America program is an incentive program for building and equipping semiconductor fabrication facilities in the United States1. The CHIPS for America Act was passed into law in January 2021, authorizing the Department of Commerce, Department of Defense, and Department of State to develop onshore domestic manufacturing of semiconductors2. The act also establishes and provides funding for the CHIPS for America International Technology Security and Innovation Fund to provide for international information and communications technology security and semiconductor supply chain activities3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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/R47558In 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,...
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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 …
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