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
Implementation date
01 Jan 2023
Revocation date:
No revocation date
Announced: 09 Aug 2022
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
Announced: 09 Aug 2022
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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Implementation date
09 Aug 2022
Revocation date:
30 Sep 2032
Announced: 09 Aug 2022
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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Implementation date
09 Aug 2022
Revocation date:
30 Sep 2026
Announced: 09 Aug 2022
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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Announced: 09 Aug 2022
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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Related State Acts
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Announced: 16 Jan 2025
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Announced: 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
Announced: 16 Sep 2024
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Announced: 28 Feb 2024
United States of America: Department of Commerce announces a funding opportunity to support semiconductor packaging
Announced: 18 Dec 2023
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Announced: 20 Nov 2023
United States of America: US Administration announces a new strategy for advanced packaging for semiconductors
Announced: 29 Sep 2023
United States of America: Department of Commerce announces a funding opportunity for the production of semiconductor materials and manufacturing equipment with capital investment up to USD 300 million
Announced: 23 Jun 2023
United States of America: Department of Commerce announces a funding opportunity for the production of semiconductor materials and manufacturing equipment with capital investment of USD 300 million or above
Announced: 20 May 2023
United States of America (Colorado): Government to provide USD 75 million in tax credits to support semiconductor production and advanced manufacturing
Announced: 18 Apr 2023
United States of America: Introduction of funding to increase electric heat pump manufacturing
Announced: 13 Apr 2023
United States of America (State of Oregon): Introduction of Oregon CHIPS Act
Announced: 28 Feb 2023
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Announced: 11 Aug 2022
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