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  2. $6.14 billion

    On April 25, 2024, the Biden-Harris Administration announced that the U.S. Department of Commerce and Micron Technology have signed a non-binding preliminary memorandum of terms (PMT) to provide up to roughly $6.14 billion in direct funding under the CHIPS and Science Act to boost U.S. competitiveness in leading-edge memory semiconductor production.
    www.nist.gov/chips/funding-updates
    www.nist.gov/chips/funding-updates
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    What is chips for America's First Funding Opportunity?Get the full text : CHIPS Incentives Program – Commercial Fabrication Facilities Notice of Funding Opportunity CHIPS for America's first funding opportunity aims to catalyze long-term economically sustainable growth in the domestic semiconductor industry in support of U.S. economic and national security.
    Why does NIST administer the chips for America program?NIST is uniquely positioned to successfully administer the CHIPS for America program because of the bureau’s strong relationships with U.S. industries, its deep understanding of the semiconductor ecosystem, and its reputation as fair and trusted. Visit www.chips.gov to learn more.
    What is the chips and Science Act funding opportunity?This funding opportunity follows through on the CHIPS and Science Act’s requirement that the Department establish a program to incentivize investment in the construction, expansion, or modernization of commercial facilities in the U.S. for the semiconductor supply chain, including materials and manufacturing equipment.
    Does NIST have a SBIR program?NIST is one of eleven federal government agencies that operate an SBIR program. CHIPS for America will provide a briefing on details of the NOFO on April 18, 2024, at 3:30pm ET. Webinar participants must register in advance. Learn more about the CHIPS Metrology Program and the seven grand challenges. About CHIPS for America
     
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