Nearly $53 Billion in Federal Funding Could Revive the U.S. Computer Chip Industry

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August 09, 2022

Dear Reader, This week, the CHIPS and Science Act of 2022 will be signed into law. The bill puts nearly $53 billion toward semiconductor computer chips, primarily incentives for the vital technology to be manufactured domestically. But it also has provisions for basic research and support for several scientific organizations, including NASA.

Sophie Bushwick, Associate Editor, Technology

Politics Nearly $53 Billion in Federal Funding Could Revive the U.S. Computer Chip Industry The CHIPS and Science Act aims to support domestic semiconductor production, new high-tech jobs and scientific research—even NASA By Sophie Bushwick

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QUOTE OF THE DAY "Inside the labyrinth of alleys, hundreds of small establishments are packed with different electronic gadgets, which workers take apart mostly with their bare hands, a hammer, and pliers, hoping to extract precious metals like gold, silver, and tin--or any other useful item. Children move through the nooks and corners of the market with plastic bags on their shoulders, collecting potentially useful scraps among the e-waste leftovers piled in front of doorways." Shoaib Mir and Parthu Venkatesh P, Slate

FROM THE ARCHIVE A Global Computer Chip Shortage Shows Danger of U.S. Production Trends A small and shrinking number of the world's computer chips are made in the U.S. By Carol Handwerker,The Conversation US | March 2021

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