News & Analysis as of

Supply Chain Federal Funding Semiconductors

Baker Botts L.L.P.

White House Unveils "America's AI Action Plan"

Baker Botts L.L.P. on

On July 23, 2025, the White House published its much-anticipated “America’s AI Action Plan” (the Plan), a comprehensive strategy designed to advance U.S. global leadership in artificial intelligence (AI). Developed under the...more

Baker Botts L.L.P.

President Releases "America's AI Action Plan"

Baker Botts L.L.P. on

On July 23, 2025, the White House released America’s AI Action Plan, a comprehensive strategy designed to secure U.S. global dominance in artificial intelligence (AI). The plan, developed under the direction of President...more

Kelley Drye & Warren LLP

First Round of CHIPS Funding Announced

On April 3, 2023 the Office of Foreign Assets Control (“OFAC” or “the agency”) launched a new domain for its website at ofac.treasury.gov. This update aims to make it easier for users to navigate OFAC’s sanctions database,...more

Morgan Lewis

US Department of Commerce Details Proposed National Security Guardrails for CHIPS Incentives Program

Morgan Lewis on

The comment period has opened for the US Department of Commerce’s recently issued CHIPS for America incentive program notice of proposed rulemaking, which lays out funding requirements, incentives, and restrictions for...more

Venable LLP

CHIPS Act Rollout Continues as Commerce Department Proposes National Security "Guardrails" on Incentives Program and Flexes...

Venable LLP on

In its continuing efforts to strengthen the United States' hand in its ongoing international economic bout with China, the Biden Administration's Department of Commerce last week issued a Notice of Proposed Rulemaking (NPRM)...more

Morgan Lewis

First 'CHIPS for America' Funding Opportunity Provides $39B for Domestic and International Semiconductor Manufacturers

Morgan Lewis on

The US Department of Commerce has begun implementing the CHIPS and Sciences Act by introducing the first Notice of Funding Opportunity of its “CHIPS for America” incentive programs, which aim to support the construction,...more

Hogan Lovells

CHIPS Act Funding window now open for U.S. semiconductor industry

Hogan Lovells on

The CHIPS and Science Act of 2022 is offering US$52.7 billion in federal funding to semiconductor research, development, and manufacturing. Three funding opportunities are currently available as of February 28, 2023, and two...more

Venable LLP

U.S. Department of Commerce Issues First Notice of Funding Opportunity for CHIPS and Science Act

Venable LLP on

On February 28, 2023, the U.S. Department of Commerce issued the first Notice of Funding Opportunity under the CHIPS and Science Act, a 2022 law designed to increase the competitiveness of U.S. semiconductor manufacturing....more

Wiley Rein LLP

Commerce Department Announces First Wave of $39 Billion CHIPS Act Funding Opportunities and Deadlines

Wiley Rein LLP on

On February 28, 2023, the Department of Commerce (DOC) announced the first round of manufacturing incentives related to the CHIPS and Science Act. Passed by Congress in August 2022, the CHIPS Act provides $39 billion in...more

Jackson Lewis P.C.

Where the Semiconductor Chips Will Fall: What Manufacturers Need to Know About the CHIPS Act

Jackson Lewis P.C. on

New law to tackle the shortage of semiconductor chips will direct $280 billion to research and production of semiconductors in the United States. While the dramatic increase in federal grants, loans, and other programs under...more

Dorsey & Whitney LLP

The CHIPS and Sciences ACT of 2022 - The Impact on China

Dorsey & Whitney LLP on

The CHIPS and Sciences Act of 2022 (the “Act”) was passed by the U.S. Congress on July 27, 2022 and signed into law by President Biden on August 9 of the same year. The Act is an effort to increase semiconductor manufacturing...more

White & Case LLP

President Biden Signs CHIPS and Science Act into Law

White & Case LLP on

On August 9, 2022, President Biden signed the CHIPS and Science Act (H.R.4346), which seeks to bolster the US semiconductor supply chain and promote research and development of advanced technologies in the United States. The...more

Kohrman Jackson & Krantz LLP

Congress Aims To Fund Domestic Technology Businesses

Last week, just days ahead of the March 11 funding deadline, President Biden signed into law a $1.5 trillion Omnibus budget, the Consolidated Appropriations Act of 2022, to fund federal agencies for the rest of the year....more

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