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Global Trade Alert

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United States of America (Texas): Governor signs Texas CHIPS Act and sets up the Texas Semiconductor Innovation Fund

Description

On 9 June 2023, the governor of the state of Texas signed the Texas CHIPS Act, setting up the Texas Semiconductor Innovation Fund. The government allocated USD 698 million for the fund which will supp...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Jun 2023

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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