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Manufacturing Facilities Semiconductors

Eversheds Sutherland (US) LLP

Treasury and IRS release final regulations on elective payment election under CHIPS Act Section 48D

On March 5, 2024, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Final Regulations) on the elective payment election of the advanced manufacturing investment credit...more

Kohrman Jackson & Krantz LLP

Intel Receives Largest U.S. Funding Grant to Date but Confirms Further Delay’s in New Albany Facility Operations

On March 20, 2024, Intel and the White House announced Intel will receive $8.5 billion in federal subsidies to support Intel’s semiconductor plants in the United States. This grant is the largest award announced under the...more

K2 Integrity

Sanctions Against Russia: U.S. Introduces New Russia-Related Sanctions Targeting Foreign Financial Institutions And Tightens Other...

K2 Integrity on

On 22 December 2023, the Biden administration issued Executive Order 14114, “Taking Additional Steps with Respect to the Russian Federation’s Harmful Activities” (EO 14114), thereby amending EOs 14024 and 14068. The new EO...more

Wilson Sonsini Goodrich & Rosati

CHIPS Program Office Releases Resources for Preparation of Applications

As described in our client alert earlier this month, the National Institute of Standards and Technology’s CHIPS Program Office published a Funding Opportunity Announcement (FOA) directed towards funding the construction,...more

Akin Gump Strauss Hauer & Feld LLP

CHIPS Act Strategy: Department of Commerce Releases Additional Information on Applications for $50 Billion in Funding

On September 6, 2022, the U.S. Department of Commerce (“Department”) released a 20-page document providing key details on the administration and application process for the award of $50 Billion through the Creating Helpful...more

Eversheds Sutherland (US) LLP

All In: CHIPS Act provides incentives for semiconductor investment

​​​​​​​In a show of bipartisanship, Congress passed the Creating Helpful Incentives to Produce Semiconductors Act (CHIPS Act) on July 27, 2022, which was signed into law by President Biden on August 9, 2022. The CHIPS Act...more

Jones Day

EU Chips Act: The EU's Push for Semiconductor Autonomy

Jones Day on

Background  - Recent supply disruptions in the semiconductor industry have highlighted the dependence of many global economies, including the EU, on imported chips manufactured in Asia....more

Foley & Lardner LLP

Foley Weekly Automotive Report - April 2021

Foley & Lardner LLP on

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key developments - IHS Markit predicts a global production loss of 1.3 million...more

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