WebAbout the CHIPS Act. Enacted into law in August 2024, the US Chips & Science Act provides spending guidance on US$ 278 billion for semiconductor incentives, workforce development and science and technology research across a huge swath of new and existing federal programs. US$ 54.2 billion of this total is actual spending largely focused on the ... WebAug 9, 2024 · Antony J. Blinken, Secretary of State. August 9, 2024. The President today signed the CHIPS and Science Act, which will strengthen our industries of the future, …
The CHIPS Act: What it means for the semiconductor ecosystem
WebAug 9, 2024 · The EU Chips Act shows that policy actions need to be strongly joined up in a credible strategic autonomy initiative. The EU Chips Act could provide an important contribution to a separate ... WebThe CHIPS Act prohibits funding recipients from expanding semiconductor manufacturing in China and countries defined by US law as posing a national security threat to the United States. These restrictions would apply to any new facility, unless the facility produces legacy semiconductors predominately for that country’s market. how to scan to hp printer
EU and US Must Boost Semiconductors to Confront China - CEPA
Web21 hours ago · The CHIPS and Science Act invests $280 billion to strengthen the United States’ semiconductor capabilities, bolster research and development efforts, and develop a highly skilled STEM workforce. The economic benefits of the act are evident—however, the legislation is also part of a greater strategic push to ensure the United States stays … WebApr 10, 2024 · The CHIPS Act is similar in the commercial sphere — kind of uncharted territory. One of the things it is going for is that Commerce Secretary Gina Raimondo is … WebSep 6, 2024 · By July 2024, with the Senate’s passage of CHIPS predecessor the Innovation and Competition Act, the need to reshore chip manufacturing had become a bipartisan article of faith. While overt Chinese policy didn’t cause the chip shortages, Beijing’s semiconductor ambitions are certainly part of the CHIPS narrative. how to scan to jpeg