Report Overview: CHIPS Act Funding

This report summarizes the recent enactment and funding of the CHIPS Act, which was signed into law in August 2022 by the Biden administration. Millions in grants have been handed out to various Tech Hubs across the nation as the federal government is hoping to provide states with the necessary resources to research, develop and manufacture semiconductors domestically. Learn more about how the CHIPS Act is creating more jobs in this sector for regions that have historically lacked the manpower and equipment needed to keep pace with China and other mass-producers of chips. Find out how different states are planning to utilize their Tech Hubs in an effort to lead them to semiconductor prominence.