Legal insight and analysis for the tech industry
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CHIPS: A Critical Moment for Electronics (Part 2).
The CHIPS and Science Act essentially is a full court press by the United States to ensure we invest in the semiconductor lifecycle from start to finish. This creates unprecedented opportunity for technology companies to drive the future of the industry, and to earn revenue while innovating their most important products.
CHIPS: A Critical Moment for Electronics (Part 1).
What are CHIPS, and why are they always in the news? Over the last fifty years, offshoring and globalization has caused most semiconductor manufacturing to take place in outside the US to decrease cost. The CHIPS and Sciences Act, passed in 2023, aims to bend that curve to ensure the US maintains semiconductor leadership. This is essential for the US to maintain its leadership in technology around the world.