CHIPS Act Funds Start to Flow

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On February 28, 2023, the first funding opportunity opened under the Creating Helpful Incentives to Produce Semiconductors and Science Act (CHIPS Act), federal legislation that appropriated $52.7B in federal funding to boost the semiconductor industry, including $39B in semiconductor manufacturing incentives. Projects involving construction, expansion or modernization of commercial facilities to produce leading-edge, current-generation and mature-node semiconductors are now eligible for funding.

Read more in “CHIPS Act Funds Start to Flow” by Aimee P. GhoshNicole SteinbergMoushami P. JoshiJohnna Purcell, and Laura G. Killalea.