Chips and Science Act of 2022 – What Could Go Wrong?
Its full name is Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022. The CHIPS Act, as it is more commonly known, was signed into law on August 9, 2022. The Act provides for $280 billion in spending over the next ten years, with $200 billion targeting scientific R&D and commercialization, $52.7 billion