First 'CHIPS for America' Funding Opportunity Provides $39B for Domestic and International Semiconductor Manufacturers

The US Department of Commerce has begun implementing the CHIPS and Sciences Act by introducing the first Notice of Funding Opportunity of its “CHIPS for America” incentive programs, which aim to support the construction, expansion, or modernization of commercial semiconductor manufacturing facilities in the United States. The program intends to increase domestic semiconductor production, reduce reliance on foreign suppliers, create new jobs in the semiconductor industry, and enhance national...
By: Morgan Lewis

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