What CHIPS and Science Act of 2022 (Pub.L. 117-167) - $52.7B Semiconductor Manufacturing Incentives, 25% Investment Tax Credit, 10-Year China Guardrails Prohibiting Expansion in Foreign Countries of Concern, National Semiconductor Technology Center, and $200B Science Investment requires
The CHIPS and Science Act (Pub.L. 117-167, enacted 9 August 2022) provides approximately $52.7 billion in federal funding for US semiconductor manufacturing, research, and workforce development, plus a 25% Advanced Manufacturing Investment Credit (AMIC, IRC §48D) for construction of semiconductor fabrication facilities; Title I (CHIPS for America) allocates $39 billion in manufacturing incentives (Commerce Department grants), $11 billion for R&D including the National Semiconductor Technology Center (NSTC) and National Advanced Packaging Manufacturing Program (NAPMP), and $2 billion for legacy chips critical to defence and automotive sectors; recipients of CHIPS funding are subject to 10-year 'guardrail' provisions prohibiting material expansion of semiconductor manufacturing capacity in 'foreign countries of concern' (China, Russia, Iran, North Korea), entering into joint research or technology licensing agreements with foreign entities of concern, and engaging in transactions that expand foreign country of concern semiconductor capacity; the Science portion (Titles II-VI) authorises $200 billion over 10 years for National Science Foundation, Department of Energy, NIST, and NASA research programmes.
Pillar: Industrial IoT & Energy · Authority: United States Congress · Version: 1.0.1 · Last updated:
Primary source: https://www.congress.gov/bill/117th-congress/house-bill/4346/text
SHA-256 integrity: a7268598573a255de9620cb1cb204e9f6e2f32df2e58344d94c930c3308a6517
Primary Citations — 7 traced to source
- https://www.congress.gov/bill/117th-congress/house-bill/4346/text
- https://www.congress.gov/bill/117th-congress/house-bill/4346/text
+ 5 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/us-chips-science-act-2022.json — 6-field metadata
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- Canonical URL: https://bidda.com/intelligence/us-chips-science-act-2022
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