Announcement
09 Aug 2022
On 9 August 2022, the US Administration signed into law H.R. 4346 CHIPS and Science Act of 2022 extending several incentives to support the semiconductor manufacturing supply chain and advanced wireless communication technologies. The CHIPS and Science Act provides a total of USD 52.7 billion for American semiconductor research, development, manufacturing, and workforce development. A total of USD 39 billion of this budget is allocated for manufacturing incentives. The Act also includes USD 1.5 billion to promote wireless supply chains as well as a 25% investment tax credit for capital expenses for the manufacturing of semiconductors and related equipment.
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Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
5 in force
Implementation date
01 Jan 2023
Revocation date:
No revocation date
Tax or social insurance relief
In force
On 9 August 2022, the US Administration signed into law the CHIPS and Science Act of 2022 establishing a tax credit for investments in semiconductor manufacturing as well as manufacturing of specializ...
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Implementation date
09 Aug 2022
Revocation date:
No revocation date
State loan
In force
On 9 August 2022, the US Administration enacted the CHIPS and Science Act of 2022 (H.R. 4346) extending USD 6 billion for building, expanding or modernizing facilities involved in the manufacturing of...
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Loan guarantee
In force
On 9 August 2022, the US Administration enacted the CHIPS and Science Act of 2022 (H.R. 4346) extending USD 6 billion for building, expanding or modernizing domestic semiconductor facilities and equip...
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State aid, unspecified
In force
On 9 August 2022, the US Administration enacted the CHIPS and Science Act of 2022 (H.R. 4346) allocating USD 1.5 billion for the Public Wireless Supply Chain Innovation Fund to support the development...
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State aid, unspecified
In force
On 9 August 2022, the US Administration signed into law H.R. 4346 CHIPS and Science Act of 2022 extending USD 33 billion to support semiconductor manufacturing in the United States. The Act didn’t fur...
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Related State Acts
28 Feb 2023
United States of America: Government announces CHIPS for America funding opportunity
11 Aug 2022
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United States of America: Department of Commerce announces a funding opportunity to support semiconductor packaging
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03 Jan 2025
United States of America: U.S. Administration awards Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) USD 285 million to support semiconductor supply chains
16 Jan 2025
United States of America: Introduction of funding to support microelectronics packaging technologies
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