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. Ghosh, Nicole Steinberg, Moushami P. Joshi, Johnna Purcell, and Laura G. Killalea.