The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States, for which it appropriates $52.7 billion.

Aug 9, 2024 · Two years ago today, President Biden signed the historic and bipartisan CHIPS and Science Act into law investing nearly $53 billion in funding to bring semiconductor supply chains back to the U.S, create jobs, support American innovation, and protect our national security.

Feb 29, 2024 · Biden said the 2022 CHIPS and Science Act "attracted $640 billion in private companies’ investments."

Jan 15, 2025 · A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on foreign-made computer chips, will “sharply increase production’’ of semiconductors in the United States.

Mar 20, 2024 · President Joe Biden announced Wednesday one of the biggest federal investments in US chip manufacturing – a $8.5 billion grant to tech giant Intel – as he visited the battleground state of...

Oct 22, 2024 · President Biden and Vice President Harris championed the CHIPS and Science Act, a key component of the Administration’s Investing in America agenda, to usher in a new era of semiconductor manufacturing in the United States, bringing with it a revitalized domestic supply chain, good-paying jobs, and investments in the industries of the future.

Oct 8, 2024 · In 2022, President Joe Biden signed into law the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act. The legislation directs hundreds of billions of dollars toward...

Aug 9, 2022 · Today, President Biden will sign into law the bipartisan CHIPS and Science Act of 2022, which will build on this progress, making historic investments that will poise U.S. workers, communities, and businesses to win the race for the 21 st century. It will strengthen American manufacturing, supply chains, and national security, and invest in ...

Feb 28, 2023 · As part of the bipartisan CHIPS and Science Act, the Department of Commerce is overseeing $50 billion to revitalize the U.S. semiconductor industry, including $39 billion in semiconductor incentives. The first funding opportunity seeks applications for projects to construct, expand, or modernize commercial facilities for the production of ...

Aug 9, 2024 · Two years ago, President Biden signed into law the CHIPS and Science Act (CHIPS), aimed at reestablishing United States' leadership in semiconductor manufacturing, shoring up global supply chains, and strengthening national and economic security.