CHIPS Act: What Prospective Applicants Should Be Doing Now
The CHIPS Act is the largest federal investment ever directed at boosting the domestic semiconductor manufacturing sector. It appropriates $39 billion for semiconductor manufacturing incentives over 5 years, provides tax credits worth roughly $24 billion, and authorizes $11 billion in federal research support. At the end of February, the Department of Commerce released the first notice of funding opportunity for leading edge, current, and mature semiconductor projects. Additional opportunities are expected in the coming months focused on suppliers, equipment manufacturers, and R&D.
Please join representatives from the semiconductor product groups at Jefferies, Deloitte, and Arnold & Porter via Zoom Webinar for a discussion addressing:
- Semiconductor market update
- How companies can position themselves in order to receive CHIPS Act funding
- The types of projects for which funding is likely to be available
- What steps companies should be taking now