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  2. CHIPS for America encompasses two offices responsible for implementing the law: The CHIPS Research and Development Office is investing $11 billion into developing a robust domestic R&D ecosystem, while the CHIPS Program Office is dedicating $39 billion to provide incentives for investment in facilities and equipment in the United States.
    www.nist.gov/chips
    www.nist.gov/chips
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    What does chips for America do?Of that sum, CHIPS for America within the U.S. Department of Commerce is responsible for administering $50 billion in semiconductor incentives and funding for research and development programs.
    What is the chips for America program?The strategy, released today, outlines the initiatives, strategic goals, and guardrails guiding the CHIPS for America program. The program’s four primary goals are: Invest in R&D to ensure the next generation semiconductor technology is developed and produced in the US.
    What is the chips for America Fund?The CHIPS for America Fund will ensure the U.S. will not be in a position where its national security interests are compromised or key industries are immobilized due to our inability to produce critical semiconductors. Preserve U.S. leadership in the industries of the future by investing in R&D and emerging microelectronics technologies.
    What are the key priorities of the chips for America program?Key priorities that will guide the CHIPS for America program include: Catalyzing Private Investment: CHIPS for America aims to spur private capital and investment, not replace it. CHIPS for America seeks to attract significant private capital and to create viable, scaled projects that advance U.S. economic and national security.
     
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