us government

Starting today, the White House will distribute $39 billion worth of chips

The important word here is “first” in “first financial opportunity”: At the outset, CHIPS for America is looking to fund projects that align with the program’s “vision for success,” which includes establishing a number of cutting-edge logic fabrication facilities and DRAM chip manufacturers by the end of the decade, as well as meeting specific production capacity goals for “current-generation and mature-node” semiconductors. At a later stage, the programme intends to provide further financing possibilities for R&D and production equipment facilities. Applications for those programmes won’t debut until late Spring and Autumn of 2023, but the CHIPS Program Office is open to accepting expressions of interest from prospective candidates.