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Tag Archives: US Department of Commerce
CHIPS Act – National Security Rules Issued
“CHIPS for America is fundamentally a national security initiative and these guardrails will help ensure companies receiving US Government funds do not undermine our national security as we continue to coordinate with our allies and partners to strengthen global supply chains and enhance our collective security,” claimed Secretary of Commerce Gina Raimondo.
As with all such bills emanating in Washington, the devil is in the details of how the stated goal of enhancing global supply chain resilience in coordination with allies and partners will be governed, at least on paper. Nevertheless, this appears to be another successful implementation of awakened policies in the areas of national security, trade, jobs and the economy. It is also a diplomatic victory. Continue reading
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Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden Administration, Bureau of Industry and Security Entity List, Chinese Military-Industrial Complex Companies, CHIPS and Science Act, Gina Raimondo, industrial policy, Ken Zino, Ken Zino of AutoInformed.com on CHIPS and Science Act - National Security Rule Issued, US Department of Commerce
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Biden Administration – $1.6B in Semiconductor Manufacturing
The US Department of Commerce today published a Notice of Intent (NOI) to open a competition for new research and development (R&D) activities that it said will establish and accelerate domestic capacity for semiconductor advanced packaging. The CHIPS for America program predicts that up to $1.6 billion in funding will go to five R&D areas. These were first outlined in the vision for the National Advanced Packaging Manufacturing Program (NAPMP). Through potential cooperative agreements, CHIPS for America would make several awards of ~$150 million federal funding per award in each research area. Continue reading →