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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

Over 300 Companies Want a Piece of the CHIPS Fund

Semiconductor

Over 300 semiconductor companies are seeking to get support from the U.S. CHIPS and Science Fund, according to a Bloomberg report that cites data from the U.S. Department of Commerce. Only a relatively small number of these companies actually produce chips, but without hundreds of other semiconductor supply chain participants, this industry could never function.

The CHIPS Program Office has already received over 300 statements of interest (SOIs) from a variety of applicants from 37 states, an Everglade Consulting report claims. These inquiries include requests for incentives associated chip production, packaging, and R&D facilities, as well as from companies providing raw materials and wafer fab equipment.

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