Semiconductors and the CHIPS Act: The Global Context (CRS Report for Congress)
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| Release Date |
Revised Sept. 28, 2023 |
| Report Number |
R47558 |
| Report Type |
Report |
| Authors |
Karen M. Sutter; Manpreet Singh; John F. Sargent Jr. |
| Source Agency |
Congressional Research Service |
| Older Revisions |
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Summary:
In July 2022, Congress enacted the CHIPS Act of 2022 (Division A of P.L. 117-167), which was
signed into law by President Joe Biden on August 9, 2022. The act appropriated funding for the
CHIPS for America provisions enacted in the William M. (Mac) Thornberry National Defense
Authorization Act for Fiscal Year (FY) 2021 (2021 NDAA, P.L. 116-283). It also revised the 2021
NDAA CHIPS for America provisions and established three additional funds to support efforts
that seek to address semiconductor-related challenges in defense, workforce and education, and
international technology security and innovation. In total, the act appropriated $52.7 billion for
these activities for FY2022-FY2027.
This report—one of a series of CRS reports that discuss provisions in the CHIPS Act of 2022,
U.S. competitiveness in semiconductors, and the semiconductor sector more broadly—provides
information on the broader global context in which U.S. policy actions are being undertaken.
Specifically, the report outlines the recent actions that other governments have taken to support
the semiconductor industry in their countries. Some of these efforts are long-standing, and some
have been adopted specifically in response to provisions in the CHIPS Act of 2022. Other reports
in this series provide information about the U.S. semiconductor industry and key technologies
and segments of the supply chain; and the provisions and implementation of the CHIPS Act of
2022, responses to frequently asked questions, and some key issues and considerations for
Congress.
