
The U.S. Department of Commerce released its strategy for implementing the $50 billion CHIPS Act of 2022 program, which was signed by President Biden last month. Here are the highlights,The CHIPS Act of 2022 program has four primary goals :Establish and expand domestic production of leading edge semiconductors in the US, of which the US currently makes 0% of the world’s supplyBuild a sufficient and stable supply of mature node semiconductorsInvest...