CHIPS Act is Working, Lawmakers Say at First Anniversary
Companies have announced over $166 billion in semiconductor investments since the CHIPS Act was passed.

On March 27, Data Center Summit for $195; Webinar option for $95
Companies have announced over $166 billion in semiconductor investments since the CHIPS Act was passed.
WASHINGTON, August 11, 2023 – The White House on Thursday celebrated the CHIPS and Science Act as a successful investment in American semiconductor manufacturing, research and development and workforce on the law’s one-year anniversary.
Virginia reports 91% end-to-end fiber proposals received in first funding round.
Introduced in response to January ruling striking down federal net neutrality
New contribution factor will apply in the second quarter of 2025
The Defense Department has opposed the idea.