This program is intended to be an investment in America’s long-term economic and national security, and we will take the necessary steps to ensure its success.” We will move as swiftly as possible to deploy these funds, while also ensuring the time needed to perform due diligence. “We are committed to a process that is transparent and fair, and will be an essential channel through which we communicate with the public about CHIPS program initiatives.

“The Commerce Department has been preparing for months for the passage of the CHIPS and Science Act, and we are excited to get to work implementing this historic set of investments in America’s innovation, R&D and semiconductor manufacturing,” said Commerce Secretary Gina M. This new online resource, which includes implementation priorities established in an Executive Order signed by the President, will inform the implementation of the program. Biden, the Commerce Department announced Thursday the launch of the website. After the successful bipartisan passage of the CHIPS and Science Act of 2022 and bill signing by President Joseph R.

Commerce casino chips