Will provide guidance for implementation of CHIPS act. The Department of Commerce announced the appointment of members and leadership to the Industrial Advisory Committee last week. The committee…
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Secretary Raimondo Speaks About Microchip Subsidies
Commerce Department will process applications one by one. Secretary of Commerce Gina Raimondo recently spoke about future investments in domestic semiconductor manufacturing. Congress approved the $52.7 billion CHIPS…
Read MoreCommerce Department Publishes CHIPS RFI Summary
Analysis synthesizes public responses to strategy development. The Department of Commerce has released a detailed summary documenting the responses to their Request for Information (RFI) for the Creating…
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Administration Outlines Semiconductor Production Plan
CHIPS and Science Act allots $50 billion. On Monday, President Biden’s administration unveiled its plan for boosting domestic chip production in the U.S. through the $50 billion in…
Read MoreDepartment of Commerce Launches CHIPS.gov Website
The online resource assists in program implementation. Last week, the Department of Commerce announced the launch of the CHIPS.gov website. Paired with President Biden’s executive order, the website…
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President Establishes CHIPS Act Steering Council
They will coordinate funding, grants, and subsidies. President Biden signed an executive order directing the implementation of the $280 billion CHIPS Act, designed to boost domestic manufacturing and…
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Commerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
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CHIPS Act Passed by House of Representatives
The measure now awaits the president’s signature. On Thursday, the House of Representatives passed legislation to support the production of semiconductors, increase employment in that industry, and technologically…
Read MoreSenate Passes Chip Manufacturing Bill
The objective is stronger competition with China. With a large bipartisan majority, the Senate on Wednesday passed a $280 billion bill to subsidize the domestic microchip manufacturing industry…
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Secretary Yellen Calls for Less Reliance on Chinese Trade
Supports strengthening supply chain with allies. The Department of the Treasury released excerpts from a speech that Treasury Secretary Janet Yellen gave in South Korea on Tuesday. The…
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