economic and national security, the department aims to reach the following goals by the end of the decade: (1) make the U.S. LocascioĬHIPS for America also today released a “ Vision for Success,” laying out strategic objectives building on the vision Secretary Raimondo shared in her speech last week at Georgetown University’s School of Foreign Service. domestic economy.” -NIST Director Laurie E. The long-term payoff will be reestablishing this sector as an engine of innovation for the U.S. “Funding decisions will be targeted and strategic to catalyze private sector investment and maximize the impact of every public dollar spent. … If we get this right - and we plan to - the CHIPS for America program will be transformational for this country. The CHIPS and Science Act is part of President Joe Biden ’s economic plan to invest in America, stimulating private sector investment, creating good-paying jobs, making more in the United States, and revitalizing communities left behind. Throughout our work, we are committed to protecting taxpayer dollars, strengthening America’s workforce and giving America’s businesses a platform to do what they do best: innovate, scale and compete.” “When we have finished implementing CHIPS for America, we will be the premier destination in the world where new leading-edge chip architectures can be invented in our research labs, designed for every end-use application, manufactured at scale and packaged with the most advanced technologies. “The CHIPS and Science Act presents a historic opportunity to unleash the next generation of American innovation, protect our national security and preserve our global economic competitiveness,” said Secretary of Commerce Gina M. The department will also be releasing a funding opportunity for semiconductor materials and equipment facilities in the late spring, and one for research and development facilities in the fall. This includes both front-end wafer fabrication and back-end packaging. The first funding opportunity seeks applications for projects to construct, expand or modernize commercial facilities for the production of leading-edge, current-generation and mature-node semiconductors. semiconductor industry, including $39 billion in semiconductor incentives. economic and national security.Īs part of the bipartisan CHIPS and Science Act, the Department of Commerce is overseeing $50 billion to revitalize the U.S. leadership in semiconductor manufacturing, support good-paying jobs across the semiconductor supply chain, and advance U.S. Department of Commerce’s National Institute of Standards and Technology today launched the first CHIPS for America funding opportunity for manufacturing incentives to restore U.S. WASHINGTON - The Biden-Harris administration through the U.S.
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