CHIPS Incentives Program – Facilities for Semiconductor Materials and Manufacturing Equipment
The CHIPS Incentives Program aims to catalyze long-term economically sustainable growth in the domestic semiconductor industry in support of U.S. economic and national security. This is the second Notice of Funding Opportunity under this program and seeks applications for projects for the construction, expansion, or modernization of commercial facilities for semiconductor materials and manufacturing equipment for which the capital investment falls below $300 million.
Funds made available under the CHIPS Incentives Program may be spent only on eligible uses, which include the costs to:
• finance the construction, expansion, or modernization of a facility, or equipment for that
facility
• support site development and modernization for a facility
• support workforce development for a facility
• pay reasonable operating expenses for a facility, as determined by the Department.