Report Details Public Recommendations for Supporting a Strong Domestic Semiconductor Industry As the U.S. Department of Commerce prepares to announce its high-level strategy for the $50 billion Creating Helpful Incentives to Produce Semiconductors (“CHIPS”) for America Fund, in the coming weeks, the agency today released a summary of responses to a Request for Information (RFI) on incentives...

After the successful bipartisan passage of the CHIPS and Science Act of 2022 and bill signing by President Joseph R. Biden, the Commerce Department announced Thursday the launch of the CHIPS.gov website . This new online resource, which includes implementation priorities established in an Executive Order signed by the President , will inform the implementation of the program. “The Commerce...

U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden’s signing of the CHIPS and Science Act of 2022. “Today, President Biden signed into law a historic investment that will help revitalize the U.S. domestic manufacturing economy, spur research and development in critical industries, and enable us to continue outcompeting and out-innovating the rest...

Hello, everyone. This is an exciting day! Thank you, Speaker Pelosi, for that introduction. It’s wonderful to be here with you. Mr. President, thank you for your tremendous leadership. The CHIPS and Science Act is a historic investment that will help us meet your goal of revitalizing our domestic manufacturing economy. To Speaker Pelosi, Leader Schumer, and the members of Congress – both Democrat...

Today, Secretary of Commerce Gina Raimondo released the following statement following the House’s bipartisan passage of legislation to revitalize domestic semiconductor manufacturing and invest in American scientific leadership. “Today, members of Congress from both parties voted to support America’s economy, America’s workers, and America’s global competitiveness by committing the resources...

As the Senate voted today to invoke cloture, support continues to build among industry leaders and business organizations as they urge Congress to pass the CHIPS and Science Act and get the bill to the President’s desk. The CHIPS and Science Act cleared a key procedural vote last week Tuesday, with members of both parties in the Senate voting to advance the bill for consideration. The bill will...

As Congress moves towards a Tuesday vote on semiconductor manufacturing legislation, governors and mayors from both parties, as well as CEOs, are calling on Congress to act before chipmakers are forced to move their investments outside of the U.S. Today, National Governor’s Association Chairs Arkansas Gov. Asa Hutchinson and New Jersey Gov. Phil Murphy released a joint statement calling on...

Thank you, Michelle, for that introduction. And thank you all for joining us today. At the Commerce Department, we have one overarching goal: to improve America’s competitiveness so that our workers and companies succeed in the global economy. From day one, President Biden has recognized that if we want to compete globally, we need to invest domestically. A major part of that is rebuilding...

This week, U.S. Secretary of Commerce Gina Raimondo and Deputy Secretary Don Graves emphasized the dire need to bring back manufacturing jobs, secure our supply chains, and revitalize domestic microchip manufacturing during a virtual media tour across the country. During their interviews, Raimondo and Graves discussed the significant economic benefits that investing in semiconductor production...

Today, Commerce Secretary Gina M. Raimondo released the following statement following House Speaker Nancy Pelosi’s appointment of House conferees to the Bipartisan Innovation Act conference committee. “With demand for chips at an all-time high, it’s crucial that we bring chip production - and it’s good-quality manufacturing jobs - back home to the United States,” Secretary Raimondo said. “This is...