Global Trade Alert
Global Trade Alert

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

Announcement

09 Jun 2023

In June 2023, the government of the state of Texas adopted the Texas CHIPS Act. The regulation established a USD 698 million Texas Semiconductor Innovation Fund which will provide financial grants to support the semiconductor industry. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

09 Jun 2023

Revocation date:

No revocation date

State aid, unspecified In force

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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