Flexible Electronics News

SEMI Applauds Senate Progress on CHIPS Act of 2022

The bill includes $52 billion in funding for new semiconductor programs.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

SEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded progress in the United States Senate on a robust package of federal incentives for the semiconductor supply chain and urged its timely passage in Congress. The bill includes $52 billion in funding for new semiconductor programs, including $39 billion for a grant program available to semiconductor manufacturers as well as equipment and materials suppliers. Additionally, a 25% tax cred...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters