US Chips Act roll-out extended to smaller supply chain projects

The projects will produce the equipment, chemicals, gases, and other materials that are needed in the semiconductor supply chain.

The application process is designed to be accessible for smaller businesses and projects. It includes two phases:

  • Concept Plan: Applicants will be asked to submit a concept plan describing how their proposed project addresses core strategic objectives, including U.S. economic and national security. Concept plans will be accepted between December 1, 2023, and February 1, 2024.
  • Full Application: The Department of Commerce will review submitted concept plans and invite the most promising applicants that demonstrate how they advance program priorities to submit a full application for CHIPS incentives. The full application submission dates will be communicated to applicants individually upon notifying them of their advancement.

“The smaller supply chain projects enabled by this funding will play a crucial role in creating a sustainable U.S. semiconductor ecosystem, providing large chipmaking facilities with access to the equipment, materials, and supplies required to boost U.S. domestic manufacturing,” says Under Secretary of Commerce for Standards and Technology and NIST Director Laurie E. Locascio. “By investing up and down the supply chain, CHIPS for America will enable a diverse range of critical businesses to contribute to advancing U.S. technology leadership and fuel innovation for decades to come.”


Source

      Guidantech
      Logo
      Shopping cart