Breakdown of the CHIPS and Science Act funding in the U.S. 2022
50 billion U.S. dollars directed towards semiconductor manufacturing as well as research and development (R&D).
The United States government's CHIPS and Science Act is designed to boost semiconductor competitiveness domestically by supporting innovation and offering greater protection to the country's national security. The CHIPS and Science Act totals close to 200 billion U.S. dollars in funding over the next 10 years, with around