The new law provides roughly $52.7 billion to help drive semiconductor research and innovation.| FedScoop
Most notably, CHIPS authorized rising spending targets for key anchors of the nation’s innovation ecosystem, including the National Science Foundation (NSF), the Department of Energy’s Office of Science, and the National Institute of Standards and Technology (NIST). In that regard, the act’s passage was a breakthrough—including for an expanded focus on place-based industrial policy.| Brookings
Alondra Nelson, deputy director for science and society at OSTP, speaks in Wilmington, Delaware, on January 16, 2021. (Photo by Alex Wong/Getty Images). | FedScoop
NIST Director Laurie Locascio testifies during a House Science, Space and Technology Committee hearing on May 22, 2024, in Washington, D.C. | FedScoop