N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 1

CHIPS for America

Strategic Vision and Application Process for 

Semiconductor Supply Chain Projects

June 23, 2023
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 2

WELCOME

• We look forward to your questions. Click the Q&A button, 

type your question, and click “Post Question” to submit.

• We will answer as many questions as possible today.

• Visit CHIPS.gov

• Get the Notice of Funding Opportunity and Vision for Success

• Access additional resources for applicants and stakeholders

• Sign up for email updates

• See previous webinars and register for future ones
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 3

Today's Speakers

Michael Schmidt

Director of the CHIPS 

Program Office

Todd Fisher

Chief Investment Officer

Jesse Stoneman

Public Engagement

Nikita Lalwani

Senior Advisor to the 

Director
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 4

CHIPS for America Vision

Economic 

Security

Future 

Innovation

National 

Security

The CHIPS Act will 

strengthen supply chain 

security and increase 

economic resilience in critical 

sectors.

The CHIPS Act will spur 

innovation, increase 

competitiveness, and 

ensure long-term U.S. 

leadership in the sector

The CHIPS Act 

will support U.S. 

manufacture of high-quality 

and secure chips for 

defense and other critical 

infrastructure applications.
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 5

Together with 

CHIPS 

initiatives from 

other agencies, 

including DOD, 

State, NSF, 

and Treasury

CHIPS for America Programs

$39 billion for manufacturing

Components:

1. Attract largescale investments in 

advanced technologies 

such as leading-edge logic 

and memory

2. Incentivize expansion 

of manufacturing capacity 

for mature and other types 

of semiconductors

$11 billion for R&D

• National Semiconductor 

Technology Center

• National Advanced 

Packaging Manufacturing 

Program

• Manufacturing USA 

institute(s)

• National Institute of 

Standards and Technology 

measurement science

Workforce development
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 6

We are moving quickly to progress 

against program goals

Aug ‘22 Sep ‘22 Oct ‘22 Nov ‘22 Dec ‘22 Jan ‘23 Feb ‘23

CHIPS & Science Act of 2022 

passed into law and signed by 

President Biden

Incentives Request for 

Information

Manufacturing USA Request 

for Information

National Semiconductor 

Technology Center 

Update to the Community

CHIPS Webinars and Briefings

IAC 1st public 

meeting

IAC 2nd public 

meeting

Supply Chain 

Projects Vision 

and Process

CHIPS Program and R&D 

offices founded

First meeting of Industrial 

Advisory Committee (IAC)

CHIPS for America 

launched

A Strategy for the 

CHIPS for America 

Fund released

Mar ‘23 Apr ‘23 May ‘23

First Notice of 

Funding 

Opportunity

Proposed Rule 

on National 

Security 

Guardrails

Vision and Strategy for the 

National Semiconductor 

Technology Center released

Jun ‘23

IAC 3rd public 

meeting
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 7

CHIPS | U.S. Department of Commerce 7

Semiconductor Supply Chain Challenges & 

Opportunity

Build on U.S. strengths in the 

supply chain as a historic 

expansion of U.S. chipmaking 

capacity boosts domestic demand 

for manufacturing inputs

Challenges

Highly varied, 

specialized, and 

complex landscape

Threats to supply 

chain security and 

integrity

Difficult to gain full 

visibility into entire 

supply chain

Geographic 

concentration of 

critical suppliers

Continued U.S. leadership in semiconductor materials and manufacturing equipment supply 

chains is critical to establishing a vibrant U.S. manufacturing sector

Opportunity
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Vision for Success – Materials and Equipment Facilities

✓ The U.S. and its allies will reduce chokepoint 

risks flowing from geographic concentration

✓ Supply chain participants will improve the 

transparency of demand and supply to reduce 

the risks of production disruptions

Strengthen Supply Chain Resilience

✓ Each CHIPS-funded fab cluster in the U.S. will be 

supported by dozens of suppliers, including many 

investing in the U.S. for the first time

✓ State and local entities encouraged to help facilitate 

the expansion of these ecosystems 

Support Vibrant U.S. Fab Clusters

✓ The U.S. will have incentivized major U.S. 

equipment and materials suppliers to increase 

their footprints in the U.S.

✓ Non-U.S. suppliers of the world's most advanced 

equipment, materials, and subsystems will also 

establish large-scale footprints in the U.S.

Advance U.S. Technology Leadership

By the 

end of the 

decade... 
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 9

• Large semiconductor materials and equipment 

facility projects with $300M or more in capital 

investments

• Apply through first funding opportunity

Large 

Supply Chain 

Projects 

(≥$300M)

• Smaller semiconductor materials and equipment 

facility projects less than $300M

• Apply through a funding opportunity coming in the 

fall, tailored towards smaller projects and 

businesses

Smaller 

Supply Chain 

Projects 

(<$300M)

To achieve this vision, we are laying out two 

paths for materials and equipment suppliers
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 10

Funding Opportunities

TODAY

Funding Opportunity

For large 

semiconductor 

materials and 

equipment facility 

projects $300M+

Funding Opportunity

For smaller 

semiconductor 

materials and 

equipment facility 

projects under $300M

Funding Opportunity

For commercial 

leading-edge, current, 

and mature node 

fabrication facilities

Statements of Interest currently being accepted for all funding opportunities

Funding Opportunity

To support the 

construction of 

semiconductor R&D 

facilities

Released 

February 28, 2023
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Large Supply Chain Projects*

*The CHIPS Incentives Program - Commercial Fabrication Facilities NOFO is the official funding announcement document. Nothing in this presentation

or the accompanying materials is intended to contradict or supersede information in the NOFO. The NOFO controlsin the event of any conflicts
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 12

Large Supply Chain Project Eligibility

For organizations 

that are...

private

non-profit

consortia

that can 

substantially...

construct

expand

modernize

a U.S. facility for... 

semiconductor 

materials

semiconductor 

manufacturing 

equipment

with a capital 

investment...

equal to or 

exceeding $300 

million

*More details available in the funding opportunity announcement 
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 13

Large Supply Chain Project Evaluation 

Criteria

Economic 

and national 

security 

objectives

Commercial 

viability

Financial 

strength

Technical 

feasibility 

and 

readiness

Workforce 

development Broader

impacts

To what extent does the project strengthen supply chain resilience, help build productive and selfsustaining semiconductor ecosystems, and advance economic security?
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 14

Funding Instruments

Direct funding

$38.2B

Loans Loan 

guarantees

Direct funding expected 

to be 5-15% of project 

capital expenditures

Expected total amount 

of a CHIPS Incentives 

Award expected not to 

exceed 35% of project 

capital expenditures

Funding Availability Funding by project

up to 

$75B

Ranges may be 

higher for projects 

that are not eligible 

for the Investment 

Tax Credit
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 15

Application Process

Statement of interest (open to all)

Pre-application (optional)

Full application

Due diligence

Award preparation

Feedback

Submissions accepted as of...

Large supply 

chain projects

Leading-edge Current-gen, 

mature-node, 

and back-end

February 28, 

2023

February 28, 

2023

February 28, 

2023

September 1, 

2023

March 31, 

2023 May 1, 2023

October 23, 

2023

March 31, 

2023

June 26, 

2023
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Smaller Supply Chain Projects
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 17

Smaller Supply Chain Project Overview

Construct, expand, or modernize a semiconductor material 

facility or semiconductor equipment facility

Capital investment below $300 million

Focus on supporting vibrant, competitive, self-sustaining U.S. 

fabrication clusters

More details will be made available in a dedicated notice of funding opportunity later this year
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 18

Smaller Supply Chain Project Details

Consortia

• Strong focus on 

consortium 

applications that 

promote the 

development and 

sustainability of 

semiconductor 

clusters

• Consortia may include 

a diverse array of 

entities

Project Types

• The Department 

intends to reserve its 

funding to support 

investments that 

would not happen 

without CHIPS 

funding

Tailored Application 

Process

• Dedicated funding 

opportunity will include 

a different 

application process 

that smaller 

businesses can 

easily navigate

More details will be made available in a dedicated notice of funding opportunity later this year
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 19

Resources
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 20

New Resource: Teaming Partner List

More details at: https://www.nist.gov/chips/chips-america-teaming-partner-list

• The teaming partner list will enable entities to share information, foster 

collaboration, and advance shared goals

• Entities that may not be eligible to apply can share contact information and capabilities 

• Potential applicants can access and reach out to entities on the list to facilitate 

potential partnerships and collaboration

• This list does not directly connect entities to potential applicants, but is meant to enable 

potential strategic partnerships

• Consider signing up for the teaming list if you:

• Are an entity that may not qualify as covered entities under the CHIPS funding opportunities

• Are an organization that provides relevant support services 

• This could include: educational and workforce training providers; labor unions; childcare providers; 

organizations that engage or support minority-owned, women-owned, and veteran-owned businesses; 

community-based organizations; and others
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 21

Next Steps

• Submit a Statement of Interest1

• Visit CHIPS.gov for resources, including:

• Notice of Funding Opportunity

• Vision for Success

• Applicant guides and templates

• FAQs and fact sheets

• Webinar schedule (and recordings of prior webinars)

• Join our mailing list

• Contact us

• askchips@chips.gov – general inquiries

• apply@chips.gov – application-related inquiries
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 22

Question and Answers
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 23

N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 23

I am a supply chain applicant. Do I need to 

submit a statement of interest?

All applicants, including supply chain applicants, must submit a statement 

of interest with a brief description of the planned application. The 

Department strongly encourages applicants to submit statements of 

interest at the earliest possible date, as these statements enable the 

Department to gauge interest in the program and plan for pre-application 

or application review. 

Frequently Asked Questions
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N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 24

Materials facilities are not eligible for the Investment Tax 

Credit. Should such projects expect to fall within the expected 

funding range of 5-15% for the purposes of the first NOFO?

Materials facilities are not expected to fall exclusively within the 5-15% 

range. That range is meant to apply generally to projects that are eligible 

for the Investment Tax Credit. For materials facilities that are not eligible 

for the Investment Tax Credit, the range may be higher. See Section I.B.7 

(“How much support can a project receive in CHIPS Direct Funding?”) of 

the CHIPS Incentives Program – Commercial Fabrication Facilities Notice 

of Funding Opportunity.

Frequently Asked Questions
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N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 25

I am a supplier that has already begun construction for my 

proposed project. Am I still eligible for funding?

Applicants must demonstrate how the CHIPS Incentives requested will 

incentivize the applicant to make investments in facilities and equipment 

in the United States that would not occur in the absence of CHIPS 

Incentives.

For applications containing projects that have already been announced 

or begun construction, this standard could be met by demonstrating that 

the CHIPS Incentives requested will enable the applicant to meaningfully 

enhance the size, scope, speed, or technical ambition of the overall 

application. If the applicant cannot make this type of demonstration, it will 

have to show that the project would not occur without CHIPS funding.

Frequently Asked Questions
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 26

N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 26

I am a raw material supplier. Am I eligible to 

apply based on today’s announcement?

As defined in this funding opportunity, semiconductor materials facilities 

are facilities for the manufacture or production of materials used to 

manufacture semiconductors, which are the chemicals, gases, raw and 

intermediate materials, and other consumables used in semiconductor 

manufacturing.

Potential applications related to raw semiconductor materials facilities 

may apply for funding so long as the capital investment equals or 

exceeds $300 million.

Frequently Asked Questions
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N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 27

I am a supplier to a supplier. Am I eligible to 

apply based on today’s announcement?

As defined in the CHIPS Incentives Program – Commercial Fabrication 

Facilities Notice of Funding Opportunity, semiconductor materials facilities 

include facilities that manufacture or produce raw and intermediate 

materials, and semiconductor manufacturing equipment facilities include 

facilities that produce the subsystems that enable or are incorporated into 

manufacturing equipment. 

These suppliers to a supplier may apply for funding so long as their 

capital investment equals or exceeds $300 million.

Frequently Asked Questions
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N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 28

I am a supplier that primarily serves a nonsemiconductor-related industry. Am I eligible to apply 

for funding under this funding opportunity?

If you are a potential applicant for a project related to a semiconductor 

material facility or a semiconductor manufacturing equipment facility, then 

you are eligible to apply for funding even if a portion of your business is 

not related to semiconductors. 

Frequently Asked Questions
N ational Institute of S tandar ds and Techno l o gy | U .S . Departm e n t of C ommerce 29

Thank you