The CHIPS Act

Procurement Pro The CHIPS Act
Sourcing Strategies

Where to source chips for cars?

The automotive industry is navigating an unprecedented semiconductor shortage, driven by a confluence of factors ranging from the COVID-19 pandemic to geopolitical tensions. For procurement professionals tasked with ensuring continuity in production and product innovation, understanding where and how to source these chips is an important part of their roles. Direct sourcing from manufacturers Sourcing

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Regulation

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

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