(AGENPARL) – mar 28 febbraio 2023 As Part of Implementing the Bipartisan CHIPS and Science Act, Department of Commerce Seeks Applications to Revitalize Domestic Semiconductor []
FOR IMMEDIATE RELEASE Tuesday, February 28, 2023
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Biden-Harris Administration Launches First CHIPS for America Funding Opportunity
As Part of Implementing the Bipartisan CHIPS and Science Act, Department of Commerce Seeks Applications to Revitalize Domestic Semiconductor Industry and Bring Supply Chains Back to the U.S.
WASHINGTON – The Biden-Harris Administration through the U.S. Department of Commerce’s National Institute of Standards and Technology today launched the first CHIPS for America funding opportunity for manufacturing incentives to restore U.S. leadership in semiconductor manufacturing, support good-paying jobs across the semiconductor supply chain, and advance U.S. economic and national security.
As part of the bipartisan CHIPS and Science Act, the Department of Commerce is overseeing $50 billion to revitalize the U.S. semiconductor industry, including $39 billion in semiconductor incentives. The first funding opportunity seeks applications for projects to construct, expand, or modernize commercial facilities for the production of leading-edge, current-generation, and mature-node semiconductors. This includes both front-end wafer fabrication and back-end packaging. The Department will also be releasing a funding opportunity for semiconductor materials and equipment facilities in the late spring, and one for research and development facilities in the fall.
“The CHIPS and Science Act presents a historic opportunity to unleash the next generation of American innovation, protect our national security, and preserve our global economic competitiveness,” said Secretary of Commerce Gina M. Raimondo. “When we have finished implementing CHIPS for America, we will be the premier destination in the world where new leading-edge chip architectures can be invented in our research labs, designed for every end-use application, manufactured at scale and packaged with the most advanced technologies. Throughout our work, we are committed to protecting taxpayer dollars, strengthening America’s workforce and giving America’s businesses a platform to do what they do best: innovate, scale and compete.”
The CHIPS and Science Act is part of President Biden’s economic plan to invest in America, stimulating private sector investment, creating good-paying jobs, making more in the United States, and revitalizing communities left behind.
Awards will take the form of direct funding, federal loans, and/or federal guarantees of third-party loans. Awards are designed to complement—not replace—private investment and other sources of funding, and applicants are strongly encouraged to bring capital to the table. CHIPS for America awards will be made as soon as applications can be rigorously evaluated and negotiated.
Applicants are also encouraged to claim the Advanced Manufacturing Investment Credit (Investment Tax Credit) administered by the U.S. Department of the Treasury and the Internal Revenue Service. The Investment Tax Credit is a federal income tax credit for qualifying investments in facilities manufacturing semiconductors or semiconductor manufacturing equipment and a critical component of the suite of incentives provided by the CHIPS and Science Act. The Department of Commerce and the Department of the Treasury are coordinating closely on CHIPS funding and the Investment Tax Credit to ensure these incentives work together to further the Administration’s economic and national security goals. The Department of the Treasury expects to publish guidance on the Investment Tax Credit in March, in addition with forthcoming Department of Commerce guidance on national security guardrails.
Key priorities that will guide the CHIPS for America program include:
Read more about CHIPS for America and the first funding opportunity:
CHIPS for America includes the CHIPS Program Office, responsible for manufacturing incentives, and the CHIPS Research and Development Office, responsible for the R&D programs, that both sit within the National Institute of Standards and Technology (NIST) at the Department of Commerce. NIST promotes U.S. innovation and industrial competitiveness by advancing measurement science, standards, and technology in ways that enhance economic security and improve our quality of life. NIST is uniquely positioned to successfully administer the CHIPS for America program because of the bureau’s strong relationships with U.S. industries, its deep understanding of the semiconductor ecosystem, and its reputation as fair and trusted. Visit https://www.chips.gov to learn more.
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