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- The CHIPS for America program is an initiative that aims to revitalize the domestic semiconductor industry and spur innovation1. It includes two main components23:
- Financial incentives to encourage investment in domestic semiconductor manufacturing.
- Collaborative networks for research and innovation to ensure an enduring technological edge.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The CHIPS for America program, housed within the Department’s National Institute of Standards and Technology (NIST), will revitalize the domestic semiconductor industry and spur innovation while creating good-paying jobs in communities across the country.www.commerce.gov/news/press-releases/2022/09/…The CHIPS for America initiative includes two main components. First, it provides financial incentives to encourage investment in domestic semiconductor manufacturing. Second, it establishes collaborative networks for research and innovation that will ensure an enduring technological edge.www.nist.gov/news-events/news/2022/10/chips-am…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 - People also ask
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