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CHIPS for America Seeks Public Input on Financial Incentives, New Institutes for Semiconductor Manufacturing

Semi-Conductor

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) CHIPS for America initiative is seeking public input on two programs that aim to restore U.S. global leadership in semiconductor manufacturing. Both were authorized under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act. 

“It is critically important to our prosperity and national security that we reestablish our leadership role in semiconductor manufacturing,” said Under Secretary of Commerce for Standards and Technology and NIST Director Laurie E. Locascio. “To do that, we need a whole-of-nation approach to solving this problem. That’s why we’re asking experts and stakeholders to provide important guidance as we design these programs for maximum impact while protecting the taxpayer’s investment in our nation’s future.”

Chips and other semiconductor devices are critical components in artificial intelligence, quantum computing and other advanced technologies and are a mainstay of the consumer products we use every day. 

The CHIPS for America initiative includes two main components. First, it provides financial incentives to encourage investment in domestic semiconductor manufacturing. Second, it establishes collaborative networks for research and innovation that will ensure an enduring technological edge. The two Requests for Information (RFIs) announced today cover both aspects of the initiative.