The Department of Commerce (the “Department”) has identified four strategic goals for the CHIPS for America Fund:
Invest in U.S. production of strategically important semiconductor chips, particularly those using leading-edge technologies.
Assure a sufficient, sustainable, and secure supply of older and current generation chips for national security purposes and for critical manufacturing industries.
Strengthen U.S. semiconductor research and development (R&D) leadership to catalyze and capture the next set of critical technologies, Applications, and industries.
Grow a diverse semiconductor workforce and build strong communities that participate in the prosperity of the semiconductor industry.
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