The U.S. Department of Commerce earlier this month outlined how it and other government agencies will disburse $50 billion from the CHIPS Act to chipmakers and other semiconductor-related groups. More detailed funding documents are expected by early February.
Around $28 billion, or nearly two-thirds of the total funding, will support Intel, Micron Technology, and other companies that make leading-edge logic and memory chips. Another $10 billion will help fund new manufacturing capacity for mature and current-generation chips, as well as specialty technologies like silicon carbide or carbon nanotube materials. An additional $11 billion is earmarked for the creation of a National Semiconductor Technology Center (NSTC), as well as an advanced chip packaging program and up to three new manufacturing institutes.
The CHIPS program, under Commerce’s National Institute of Standards and Technology (NIST) and the U.S. Department of Defense, aims to rebuild the U.S. semiconductor ecosystem while creating lucrative jobs domestically and strengthening national security.
“Rebuilding America’s leadership in the semiconductor industry is a down payment on our future as a global leader,” U.S. Commerce secretary Gina Raimondo said in prepared remarks. “CHIPS for America will ensure continued U.S. leadership in the industries that underpin our national security and economic competitiveness.”
Micron, the world’s third-largest memory chip manufacturer, last week laid out plans to build the first memory fab in 20 years in the U.S.
Others in the electronics industry have raised concerns that the CHIPS program will award money to companies that don’t need support while neglecting other segments of the U.S. electronics industry that are critical to the domestic ecosystem and are barely surviving.
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