United States Kicks Off CHIPS Act Funding

On Tuesday, the U.S. government started accepting the first round of applications for the billions of dollars of funding and incentives available to companies looking to start or expand facilities through the CHIPS and Science Act. According to the CHIPS Program Office, the government’s money will lead to at least two new large clusters of leading-edge logic fabs, expanded memory production, advanced packaging facilities, and a more resilient supply chain of semiconductors made using older technology.

The goals:

The government is shooting for at least two new large clusters of leading-edge…