Commerce Dept.: Biden-Harris Administration Announces Final National Security Guardrails for CHIPS for America Incentives Program
September 23, 2023
September 23, 2023
WASHINGTON, Sept. 23 -- The U.S. Department of Commerce issued the following news release on Sept. 22, 2023:
The U.S. Department of Commerce today released the final rule implementing the national security guardrails of the bipartisan CHIPS and Science Act. The rule elaborates on two core provisions of the statute: the first, prohibiting CHIPS funds recipients from expanding material semiconductor manufacturing capacity in foreign countries of concern for ten years; and the second, . . .
The U.S. Department of Commerce today released the final rule implementing the national security guardrails of the bipartisan CHIPS and Science Act. The rule elaborates on two core provisions of the statute: the first, prohibiting CHIPS funds recipients from expanding material semiconductor manufacturing capacity in foreign countries of concern for ten years; and the second, . . .