Global Tech Security CommissionNewsPresident Biden signs $52bn CHIPS Act into law
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President Biden signs $52bn CHIPS Act into law

GasWorld

08.10.22
Semiconductor Manufacturing State Department Supply Chain Semiconductors CCP Chips ACT Industrial Control Legislation Semiconductor Demand Semiconductor Industry

President Joe Biden has signed the ‘historic’ $52bn CHIPS Act into law to place the US as a forerunner in the semiconductor market and revitalise domestic manufacturing.

The US President on Thursday (9th August) implemented the industrial strategy that sets aside funding for new semiconductor programmes, including $39bn for a grant programme available to semiconductor manufacturers as well as equipment and materials suppliers.

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Semiconductor Manufacturing State Department Supply Chain Semiconductors CCP Chips ACT Industrial Control Legislation Semiconductor Demand Semiconductor Industry
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