US Prohibits Receivers of CHIPS Subsidies to Construct New Capability in China

Now that the US Senate has handed the Chips and Science semiconductor manufacturing subsidies invoice, it’s probably solely a matter of days earlier than it is going to be handed by the Home of Representatives and signed into legislation by the President, which is able to open doorways for chipmakers to get subsidies and different incentives from the federal authorities. However whereas all producers of chips who construct new fabs are eligible to get them, there are particular circumstances they must meet.

Because it seems from the textual content of the Chips and Science act, corporations that obtain Federal incentive funds are prohibited to increase or construct “new manufacturing capability for sure superior semiconductors in particular international locations that current a nationwide safety risk to the US.”