The CHIPS Program Office Vision for Success: Two Years Later More than two years ago, the Biden-Harris Administration and a bipartisan coalition in Congress passed the CHIPS and Science Act (CHIPS) to further a singular ambition: advancing U.S. economic and national security by revitalizing the domestic semiconductor industry. The CHIPS Program Office (CPO) was established shortly after to ...
The CHIPS Act provided $52.7 billion to revitalize the domestic semiconductor industry. Of that sum, the CHIPS Program Office within the U.S. Department of Commerce is responsible for administering $39 billion in semiconductor incentives. The CHIPS Act sets forth multiple dimensions of this overriding objective: Strengthening the security and resilience of the semiconductor supply chain ...
The Department of Commerce’s CHIPS Program Office announced the signing of a non-binding letter of intent to provide up to $277 million in direct funding and up to $1.3 billion in a senior secured loan to USA Rare Earth (USAR) under the CHIPS and Science Act.
The Department of Commerce’s CHIPS Program Announces a Letter of Intent ...
Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded SK hynix up to $458 million in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.
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