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Two years ago, President Biden signed the bipartisan CHIPS and Science Act, unleashing a once-in-a-generation $50B investment to usher in a new era of semiconductor manufacturing in the United States, bringing with it a revitalized domestic supply chain, good-paying jobs, and investments in the industries of the future. Since then, CHIPS for America has been focused on delivering results to the American people through investing in projects critical to U.S. economic and national security, securing and extending U.S. technology leadership, and protecting American taxpayers.
As of today’s anniversary, CHIPS for America has:
- Announced over $30 billion in proposed direct funding for 23 projects in 15 states
- Unlocked over $300 billion in public and private investment
- Supported the estimated creation of over 115,000 manufacturing and construction jobs
- Proposed over $8 billion in R&D initiatives, including more than $5 billion in the NSTC, more than $3 billion for the NAPMP, more than $285 million in a CHIPS Manufacturing USA institute, and $54 million for Small Business Innovation Research
- Requested proposals for over $130 million in CHIPS Metrology projects
- Announced 3 facilities for advanced semiconductor R&D: the NSTC Prototyping and NAPMP Advanced Packaging Piloting Facility, Admin and Design, and EUV Center.
CHIPS for America is a linchpin of President Biden’s Investing in America agenda. The United States has become a magnet for private sector investments in semiconductor manufacturing and innovation, with semiconductor companies committing over $300 billion to building and operating fabs in the U.S. since the beginning of the Administration..
CHIPS for America is part of President Biden’s economic plan to invest in America, stimulate private sector investment, create good-paying jobs, make more in the United States, and revitalize communities left behind. CHIPS for America includes the CHIPS Program Office, responsible for manufacturing incentives, and the CHIPS Research and Development (R&D) Office, responsible for R&D programs. Both offices 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.
(Bloomberg) -- The Biden administration is nearly finished divvying up $39 billion in grants under the Chips and Science Act, the landmark bipartisan legislation aimed at revitalizing the domestic semiconductor industry. The bigger test still lies ahead.Most Read from BloombergManchester Is...
(Bloomberg) -- The Biden administration is nearly finished divvying up $39 billion in grants under the Chips and Science Act, the landmark bipartisan legislation aimed at revitalizing the domestic semiconductor industry. The bigger test still lies ahead.Most Read from BloombergManchester Is...
With US Chips Act Money Mostly Divvied Up, the Real Test Begins
"Then there’s Intel. Pat Gelsinger, the struggling company’s CEO, has hitched his ambitious turnaround plans to money from the Chips Act — and already called for a “Chips II.” The crown jewel of the expansion is a sprawling Ohio complex that Intel has said will become the world’s largest chipmaking facility, and which President Joe Biden has called a “field of dreams.” Pulling it off was always going to be a challenge. There isn’t much of a semiconductor ecosystem in the state, and it’s not clear whether Intel has lined up any customers.
Even after announcing layoffs and cutting the company’s long-prized dividend, Gelsinger has said Intel remains dedicated to its manufacturing road map. Schmidt, asked about Intel’s most recent earnings report, pointed to those remarks. And if there are setbacks, the Chips Act has a built-in insurance policy: Companies won’t receive money until they hit specific construction and production benchmarks, and CPO can claw back already-disbursed funds if projects are never completed.
“Intel is prioritizing our core investments that are laying the groundwork for our future, and we are committed to our existing US projects in Arizona, New Mexico, Ohio and Oregon,” the chipmaker said in a statement."
(Bloomberg) -- The Biden administration is nearly finished divvying up $39 billion in grants under the Chips and Science Act, the landmark bipartisan legislation aimed at revitalizing the domestic semiconductor industry. The bigger test still lies ahead.Most Read from BloombergManchester Is...
Now we know that Intel took away $4 billion Chips Act grant originally planned for Applied Materials to build the so-called "Secure Enclave" fab at Intel for Department of Defense (DoD). But obviously DoD has no interest and probably has no confidence to entrust Intel on such endeavor.
I'm wondering if DoD already knew back then that Intel had some serious quality problems such as the Core 13th and 14th Gen processors' elevated operating voltage issues.
It won't be funny if a fighter jet pilot or a military satellite ground control team keeps rebooting the onboard computer in hoping to get around the Intel processors' stability problems.
"But there’s more at stake if Intel can’t deliver. The company is also the sole intended beneficiary of a $3.5 billion Chips Act program to make advanced electronics for the military, an effort called the Secure Enclave. The idea is to create a separate, locked-down area within Intel’s factories to make semiconductors for top-secret defense purposes. It’s caused a furor in Washington, in part because it entrusts the responsibility to one company.
But the real drama began on a Thursday in February, when the Defense Department informed Commerce that it would no longer foot its $2.5 billion share of the Secure Enclave bill. Days later, lawmakers directed CPO to shoulder the full burden. CPO ultimately helped cover the shortfall by scrapping a program for commercial research and development, which meant it couldn’t fund a $4 billion Applied Materials Inc. project in the heart of Silicon Valley. (Officials intend to revive that R&D initiative if they get more money from Congress, but attempts at a $3 billion boost have stalled.)"
Now we know that Intel took away $4 billion Chips Act grant originally planned for Applied Materials to build the so-called "Secure Enclave" fab at Intel for Department of Defense (DoD). But obviously DoD has no interest and probably has no confidence to entrust Intel on such endeavor.
I'm wondering if DoD already knew back then that Intel had some serious quality problems such as the Core 13th and 14th Gen processors' elevated operating voltage issues.
It won't be funny if a fighter jet pilot or a military satellite ground control team keeps rebooting the onboard computer in hoping to get around the Intel processors' stability problems.
"But there’s more at stake if Intel can’t deliver. The company is also the sole intended beneficiary of a $3.5 billion Chips Act program to make advanced electronics for the military, an effort called the Secure Enclave. The idea is to create a separate, locked-down area within Intel’s factories to make semiconductors for top-secret defense purposes. It’s caused a furor in Washington, in part because it entrusts the responsibility to one company.
But the real drama began on a Thursday in February, when the Defense Department informed Commerce that it would no longer foot its $2.5 billion share of the Secure Enclave bill. Days later, lawmakers directed CPO to shoulder the full burden. CPO ultimately helped cover the shortfall by scrapping a program for commercial research and development, which meant it couldn’t fund a $4 billion Applied Materials Inc. project in the heart of Silicon Valley. (Officials intend to revive that R&D initiative if they get more money from Congress, but attempts at a $3 billion boost have stalled.)"
