1、 Page 1 of 9 CHIPS and Science Act of 2022 Division A Summary-CHIPS and ORAN Investment Background:In January 2021,as part of the William M.(Mac)Thornberry National Defense Authorization Act for Fiscal Year 2021,Congress passed into law funding programs from the bipartisan CHIPS for America Act,auth
2、orizing Department of Commerce(DOC),Department of Defense(DoD),and Department of State(DOS)activities to develop onshore domestic manufacturing of semiconductors critical to U.S.competitiveness and national security.Only 12%of chips are currently manufactured domestically,compared to 37%in the 1990s
3、,and many foreign competitors,including China,are investing heavily to dominate the industry.The United States also lacks capabilities to produce the most advanced chips at volume.The CHIPS Act of 2022 would provide appropriations needed to implement the currently authorized programs from the bipart
4、isan CHIPS for America Act.To ensure the Congressional goal of promoting domestic competitiveness,the Act would also install safeguards to ensure that recipients of Federal funds from these programs cannot build advanced semiconductor production facilities in countries that present a national securi
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