National Institute of Standards and Technology 

CHIPS for America Notice of Funding Opportunity Launch Commercial leading-edge, current-, and mature-node fabr

February 28, 2023 
WELCOME 

• We look forward to your questions. Click th

type your question, and click “Post Question

• We will answer as many questions as poss• Visit CHIPS.gov 

• Get the Notice of Funding Opportunity • Access additional resources for applicants a• Sign up for email updates • Register for future webinars 

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Today's Speakers 

National Institute of Standards and Technology 

Michael Schmidt 

Director of the CHIPS 

Program Office 

Adrienne Elrod 

Director of External and 

Government Affairs 

Morgan Dwyer 

Chief Strategy Officer 

Todd Fisher 

Chief Investment Officer 
CHIPS for America Vision 

Economic 

Security 

National Security 

Futu

Innova

The CHIPS Act will strengthen supply chain security and increase economic resilience in critical sectors. 

The CHIPS Act will ensure that the U.S. can manufacture advanced technologies, including secure chips for the U.S. military. 

The CHIPS Act innovation, incrcompetitivenessensure long-terleadership in th

National Institute of Standards and Technology 
CHIPS for America Programs 

$39 billion for manufacturing 

Components: 1. Attract largescale investments in 

advanced technologies such as leading-edge logicand 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 ManufacturingProgram 

• Manufacturing USA

institute(s) 

• National Institute of 

Standards and Technology measurement science 

Workforce development 

National Institute of Standards and Technology 
CHIPS Incentives Progr

Objectives 

• Strengthen security and resilience of the semico• Provide a supply of secure semiconductors for n• Improve resilience of semiconductor supply chai

industries 

• Bolster the semiconductor and skilled technical w• Strengthen U.S. leadership in semiconductor tec• Promote inclusion of economically disadvantage

businesses 

• Grow the U.S. economy and support job creation 

National Institute of Standards and Technology 
We have spent the last 6 months

preparing for this milestone 

CHIPS Webinars and Briefings 

Incentives Request for IAC 1st public 

Information 

CHIPS & Science Act of 2022 meeting 

Manufacturing USA Request passed into law and signed by for Information President Biden 

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

CHIPS Program and R&D 

offices founded First meeting of Industrial Advisory Committee (IAC) 

National Institute of Standards and Technology 

National Semiconductor Technology Center Update to the Community 

CHIPS for America launched A Strategy for the CHIPS for America Fund released 
-

National Institute of Standards and Technology 

First Funding Announcem

February 28, 2023 

*The CHIPS Incentives Program Commercial Fabrication Facilities NOFO is the official funding announcement docume

or the accompanying materials is intended to contradict or supersede information in the NOFO. The NOFO controls in 
Funding Opportunities 

1st Notice of Funding 

Opportunity 

For commercial leadingedge, current, and mature 

node fabrication facilities 

Today Late Spring 2023 

2nd Notice of Funding 

Opportunity 

For material suppliers and 

equipment manufacturers 

3rd No

O

To suppor

semic

Focus of today’s webinar 

Statements of Interest for all funding opportunities encouraged starting t

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Vision for Success 

Leading-Edge Logic Advanced Packa

 The U.S. will have at least two new large-scale  The U.S. will be home to 

clusters of leading-edge logic fabs advanced packaging fa

 U.S.-based engineers will develop the process 

By the 

end of the 

decade... 

 The U.S. will be a globa

technologies underlying the next gen of logic scale advanced packag

chips 

Memory 

 U.S.-based fabs will produce high-volume 

memory chips on economically competitive terms 

 R&D for next-generation memory technologies 

critical to supercomputing and other advanced computing applications will be conducted in the U.S. 

Current-Generati

 The U.S. will have strate

production capacity fochips 

 Chipmakers will also be 

nimbly to supply and de

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Accomplishing 

these objectives 

requires: 

Catalyzing private investment Protecting taxpayer dollars Building a skilled and diverseworkforce Engaging with U.S. partners and allies Driving economic opportunity and inclusive economic growt

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Funding Eligibility 

For organizations

that are... 

that can 

substantially... a U.S. facility for... 

fabrication assembly testing packaging production 

private non-profit consortia 

construct expand modernize 

*More details available in the funding opportunity announcement 

s

National Institute of Standards and Technology 
This funding announcement con

Program

objectives and

priorities 

Fund

instrum

How to apply 

Applic

evaluati

selec

proce

National Institute of Standards and Technology 
National Institute of Standards and Technology 

Program Priorities 

Economic 

and national 

security

objectives 

Commercial 

viability 

Financial 

strength 

Technical 

feasibility

and 

readiness 

Workforce 

developmen
Economic Security 

SEEKING PROJECTS THAT • Increase U.S. semiconductor production and align with U.S. strategic n• Create a more resilient semiconductor supply chain• Build foundry or other capacity to serve many different customers

• Attract supplier, workforce, and other investments• Contribute to a self-sustaining ecosystem and catalyze future upgrades

Current-generation and Leading-edge mature-node Back-

• Use the most advanced tech

and produce products thatare most critical toenhancing U.S.competitiveness

• Commit to ongoing

investment in U.S.

• Support production of chips

vital to automobiles,aerospace and defense, andother critical infrastructure

• Use processes that convert

to make other types of chipsin times of disruption

National Institute of Standards and Technology 

• Advanc
National Security 

SEEKING PROJECTS THAT 

Produce semiconductors that are relied upon by the Department of Defense, other 

by critical infrastructure Support U.S. government national security needs, such as by providing U.S. goveroutput, or adapting commercial production for low-volume and high-mix national seMitigate operational and cybersecurity risks Strengthen supply chain resilience by analyzing and managing risks to their own su

Ensure that foreign entities of concern will not pose undue risks Produce mature-node semiconductors that are then supplied to critical manufactur

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Guardrails 

• Funds may not be provided to a foreign e• Recipients will be required to agree to re

expand semiconductor manufacturing cacountries of concern for ten years 

• Recipients must not knowingly engage in 

or technology licensing effort with a foreithat involves sensitive technologies or pr

• Failure by CHIPS incentives recipients to 

restrictions may result in recovery of the funding 

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Commercial Viability 

Expected volume

and pricing

dynamics 

Size / diversity of 

customer base 

Existing 

s

Ability to counter

potential

technological 

Sta

obsolescence of the 

facility 

su

predict

Demand for the 

product 

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National Institute of Standards and Technology 
Financial Strength 

Financial 

strength of the 

applicant / 

parent 

Financial 

strength of th

project 

Commitment of 

private/thirdparty investment 

Reasonablene

/ suitability o

CHIPS fundin

request 

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National Institute of Standards and Technology 
Technical Feasibility and Readiness 

Organizational

readiness 

Technology a

manufacturin

processes 

Construction 

plan 

Environment

risk 

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National Institute of Standards and Technology 
Workforce Development 

Create good jobs Recruit, hire, train, and retain a diverse and skilled constrmanufacturing workforce Include women and economically disadvantaged individuEngage with community partners Child care 

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National Institute of Standards and Technology 
Broader Impacts 

Commitments 

to future 

investment 

Climate and 

environmental 

responsibility 

Support for

semiconductor 

R&D 

Inc

oppo

for bu

Community

investments 

Do

co

pref

Upside

sharing 

National Institute of Standards and Technology 

National Institute of Standards and Technology 
Funding Instruments 

Funding Availability Total funding Fundin

Direct funding 

Loans Loan guarantees 

For CHIPS Direct 

Funding, up to $38.2B 

available in total 

For CHIPS Loans and 

Loan Guarantees, up 

to $75B in total in direct 

loan or guaranteed 

principal 

Direct f

to be 5

capita

Expect

of a CH

Award 

exceed 

capita

National Institute of Standards and Technology 
Funding Restrictions 

No funds may be used to construct, modify, or improve a facility outside of thFunds may not be used to physically relocate existing facility infrastructure tjurisdiction in the U.S., unless the project is in the national interest Public funds cannot be used for stock buybacks or dividend payments Recipients of funds may not charge above the actual costs incurred in execuaward’s approved scope of work Funds to be returned if taxpayer funds are misused 

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Application Process 

Submissions accepted 

Leading-edge Curren

node, 

Statement of interest (open to all) Pre-application (optional) Full application Due diligence Award preparation 

Feedback 

February 28, 2023 Febru

March 31, 2023 Ma

March 31, 2023 Jun

National Institute of Standards and Technology 
Statement of Interest (SOI) 

Purpose Help CPO gauge interest in the program and the types of projects and applicants applying, and prepare to review applications The SOI will not be evaluated for purposes of review and selection of awards What is needed? • Applicant information • Basic project information including 

nature of the project and potential scope 

• Estimated timeline for next submission 

All applicafunding acfunding opEarliest suFebruary 2Required 21 next submisSubmit an CHIPS.gov 

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Pre-Application 

Purpose Create an opportunity for dialogue between CPO and the potential applicant to ensure it is ready to meet program requirements and address program priorities What is needed? • More detailed description of proposed 

project(s) 

• Summary financial information 

Strongly refor currentmature-nodend producEarliest suleading edgMarch 31, 2Earliest sucurrent-genmature-nodproduction May 1, 2023 

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Full Application 

Purpose Submit a full application to be officially considered for a CHIPS Incentive Award What is needed? • Detailed information on the proposed 

project(s) to enable evaluation of its merits 

Required foapplicants Earliest suleading-edgMarch 31, 2Earliest sucurrent-genmature-nodproduction June 26, 20

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Due Diligence 

If CPO determines that a full application is reasonably likely to receive an award and there is, or likely will be, agreement on a Preliminary Memorandum of Terms, the application will enter the due diligence phase. What is needed? • Validation of national security, 

financial, and other information 

Award Issu

The Department will prepone or more CHIPS Incenfor applications selected fWhen will these funds b• Disbursements will be t

milestones 

• Project milestones will 

during the application p

• Milestones will vary by 

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Resources 
National Institute of Standards and Technology 

Next Steps 

• Submit a Statement of Interest1 • Visit CHIPS.gov for resources, inclu

• Notice of Funding Opportunity • Vision for Success paper • Applicant guides and templates • FAQs and fact sheets • Webinar schedule (and recordings of pr

• Join our mailing list • Contact us 

• askchips@chips.gov – general inquiries • apply@chips.gov – application-related i

1. Statements of Interest are welcome beginning Feb. 28, 2023 for all three funding op
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Question and Answers 
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Click the Q&A button, type out your question, and click “P

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Thank you