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  2. Commonly known as the CHIPS and Science Act, the five-year, nearly $250 billion legislation dramatically boosts authorized funding levels for the National Science Foundation, the National Institute of Standards and Technology, and the Department of Energy’s Office of Science.
    www.asce.org/publications-and-news/civil-engineer…
    The CHIPS and Science Act will establish a technology, innovation, and partnerships directorate at the National Science Foundation (NSF) to focus on fields like semiconductors and advanced computing, advanced communications technology, advanced energy technologies, quantum information technologies, and biotechnology.
    www.whitehouse.gov/briefing-room/statements-rele…
    That’s why President Biden signed the bipartisan CHIPS and Science Act of 2022 into law. The law provides the Department of Commerce with $50 billion for a suite of programs to strengthen and revitalize the U.S. position in semiconductor research, development, and manufacturing—while also investing in American workers.
    www.nist.gov/chips
    The act authorizes historic investments in curiosity-driven, exploratory research and use-inspired, translational research. These investments will advance the most innovative ideas across all areas of science and engineering — accelerating their translation to solutions for today's challenges and tomorrow's — at speed and scale.
     
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