CHIPS and Science Act
id:
chips-and-science-act-180-10542621
title:
CHIPS and Science Act
text:
The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States, for which it appropriates $52.7 billion. The act includes $39 billion in subsidies for chip manufacturing on U.S. soil along with 25% investment tax credits for costs of manufacturing equipment, and $13
brand slug:
wiki
category slug:
encyclopedia
description:
United States legislation promoting the semiconductor industry and public basic research
original url:
https://en.wikipedia.org/wiki/CHIPS_and_Science_Act
date created:
2022-08-05T03:45:14Z
date modified:
2024-09-05T12:01:37Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Great_Seal_of_the_United_States_%28obverse%29.svg","width":600,"height":600}
fields total:
13
integrity:
16