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Commerce Releases Implementation Plan To Rebuild Domestic Semiconductor Base

Cal Biesecker By
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Commerce Releases Implementation Plan To Rebuild Domestic Semiconductor Base
U.S. Commerce Secretary Gina Raimondo. Photo: Department of Commerce

The Biden administration on Tuesday released its implementation plan to guide federal investments in revitalizing the U.S. semiconductor base to ensure a more stable supply chain, and invest in the development and production of leading-edge computer chips to meet demand across defense, national security and commercial sectors. Release of the strategy by the Department of Commerce follows President Biden’s signing on Aug. 9 of the $50 billion bipartisan CHIPS Act that creates a range of federal incentives to rebuild domestic…

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