The Commerce Department under the previous administration proposed significant revisions to the rules governing how federal funds would be distributed under a key program aimed at boosting the U.S. semiconductor industry. These changes focused on the application process and criteria for grants intended to support both domestic manufacturing expansion and research and development in this critical sector. The goal was to streamline the path for companies seeking support while ensuring investments were directed towards projects deemed essential for national security and maintaining economic competitiveness. The National Institute of Standards and Technology (NIST) played a key role in developing these proposed guidelines, which sought to provide clarity and efficiency in deploying billions of dollars intended to revitalize the American chip ecosystem. The revisions were designed to create a framework that would help bring advanced semiconductor production back to the United States.
Source: https://www.datacenterdynamics.com/en/news/trump-administration-renegotiates-chips-act-grants/
