First funding opportunity announced for commercial
front-end and back-end semiconductor fabrication
facilities.
- Projects involving construction, expansion or modernization of
commercial facilities to produce leading-edge, current-generation
and mature-node semiconductors are now eligible for funding.
- Fabless companies should consider partnering with production
facilities including for R&D to benefit from current and
subsequent rounds of funding.
- With applications being accepted on March 31, 2023, securing
state incentives, workforce training commitments and meeting other
unique workforce related criteria will be key to a successful
outcome.
On February 28, 2023, the first funding opportunity opened under
the Creating Helpful Incentives to Produce Semiconductors and
Science Act (CHIPS Act), federal legislation that appropriated
$52.7B in federal funding to boost the semiconductor industry,
including $39B in semiconductor manufacturing incentives.
