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Recently, the United States announced the latest chip subsidy dynamics: 460 companies have submitted applications, but the amount that has not yet been allocated still reaches US$52.7 billion.

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2023-08-14 20:57:05728browse

According to this site, the US President signed the "Chip Act" a year ago, aiming to inject a total capital of US$52.7 billion (approximately 380.494 billion yuan) into the US semiconductor industry

Recently, the United States announced the latest chip subsidy dynamics: 460 companies have submitted applications, but the amount that has not yet been allocated still reaches US$52.7 billion.
Source: Intel

According to the latest official announcement, the United States began accepting relevant applications in June this year, and has so far received applications from 460 companies. However, government agencies want more detailed consultations on subsidies, so disbursements have not yet begun

US Commerce Secretary Gina Raimondo stressed that ensuring the right action is more critical than a quick response

In order to ensure the advancement of this subsidy project, the U.S. government has specially formed a team of more than 140 experts to formulate relevant rules and evaluate the qualifications of subsidy applicants

This site previously reported that in Of the US$52.7 billion, the US Department of Commerce will provide 39 billion (currently approximately 281.58 billion yuan) application plan for manufacturing subsidy projects; 11 billion US$ (currently approximately 79.42 billion yuan) will be used to establish the National Semiconductor Technology Center, which will serve the semiconductor research and development of American companies, but the address has not been finalized yet; in addition, it will also provide 25% investment tax credit for the construction of chip factories, with an estimated value of 24 billion US dollars (currently about 173.28 billion yuan).

Semiconductor manufacturers must submit detailed financial data, planned goals for manufacturing plans, and capital investment plans to ensure that applicant qualifications are strictly reviewed and to prevent the misuse of grants

Read related information:

More than 300 companies have submitted applications, requiring strict qualification review to win US$52.7 billion in US chip subsidies

The US government requires chip companies to share excess profits, but received US$52 billion in subsidies and Not Easy

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