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Over 300 Companies Want a Piece of the CHIPS Fund

According to one source, more than 300 semiconductor companies are seeking support from US CHIPS and science foundations. bloomberg Report citing US Department of Commerce data. Relatively few of these companies actually produce chips, but without the hundreds of other participants in the semiconductor supply chain, the industry would never function.

The CHIPS Program Office has already received over 300 Letters of Interest (SOIs) from various applicants in 37 states. Evergrade Consulting Reporting claims. These inquiries include requests for incentives related to chip production, packaging, and R&D facilities, as well as companies that provide raw materials and wafer fabrication equipment.

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