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Venable LLP

The On-Ramp: An Autonomous, Connected, and Electric Mobility Newsletter - July 2024

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Welcome to The On-Ramp, the newsletter published by Venable's Autonomous and Connected Mobility Team. The On-Ramp explores legal and policy developments in the world of autonomous and connected vehicles, smart infrastructure,...more

Holland & Knight LLP

Senate Releases Bipartisan AI Roadmap

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A group of four bipartisan senators known as the Bipartisan Senate Artificial Intelligence (AI) Working Group (Working Group) on May 15, 2024, released "Driving U.S. Innovation in Artificial Intelligence: A Roadmap for...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

Axinn, Veltrop & Harkrider LLP

HHS to Go a March-In'

Following years of discussion and pressure being applied by certain policymakers (including Senate HELP Committee Chair Bernie Sanders), the Biden Administration announced that a framework is being put forward by HHS and the...more

Foley Hoag LLP

Government Shutdown Impact: International Trade

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As the standoff in Congress on the budget threatens to shut down vast swaths of the federal government, we write to remind clients about how a federal government shutdown would affect international trade and investment. The...more

Holland & Knight LLP

Commerce Department Announces BEAD Program State Funding Totals

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The U.S. Department of Commerce on June 26, 2023, announced funding for each state, U.S. territory and the District of Columbia for high-speed internet infrastructure development through the Broadband Equity Access and...more

Womble Bond Dickinson

BEAD Program to Drive Rural Broadband, Economic Development and Onshoring of Foreign Businesses in Key Southeastern States

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Providing fast, reliable broadband service in 2023 is every bit as important as providing electricity was in 1933 in rural America. Without high-quality broadband, rural areas (many of which already face economic challenges)...more

Morgan Lewis

US Department of Commerce Releases Second ‘CHIPS for America’ Funding Opportunity

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The US Department of Commerce’s (Commerce’s) National Institute of Standards and Technology (NIST) released on June 23, 2023 the second Notice of Funding Opportunity (NOFO) for the “CHIPS for America” incentive program (CHIPS...more

Kelley Drye & Warren LLP

First Round of CHIPS Funding Announced

On April 3, 2023 the Office of Foreign Assets Control (“OFAC” or “the agency”) launched a new domain for its website at ofac.treasury.gov. This update aims to make it easier for users to navigate OFAC’s sanctions database,...more

Morgan Lewis

US Department of Commerce Details Proposed National Security Guardrails for CHIPS Incentives Program

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The comment period has opened for the US Department of Commerce’s recently issued CHIPS for America incentive program notice of proposed rulemaking, which lays out funding requirements, incentives, and restrictions for...more

Venable LLP

CHIPS Act Rollout Continues as Commerce Department Proposes National Security "Guardrails" on Incentives Program and Flexes...

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In its continuing efforts to strengthen the United States' hand in its ongoing international economic bout with China, the Biden Administration's Department of Commerce last week issued a Notice of Proposed Rulemaking (NPRM)...more

Morgan Lewis

First 'CHIPS for America' Funding Opportunity Provides $39B for Domestic and International Semiconductor Manufacturers

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The US Department of Commerce has begun implementing the CHIPS and Sciences Act by introducing the first Notice of Funding Opportunity of its “CHIPS for America” incentive programs, which aim to support the construction,...more

Goodwin

What Semiconductor Companies Need to Know: CHIPS Act and Eligibility Requirements

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The CHIPS Act, or Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act, is a signature piece of legislation that was signed into law in the United States in August 2022 to provide funding in support of the...more

Bass, Berry & Sims PLC

First CHIPS Opportunity Lays Out Requirements and Application Process 

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On August 9, 2022, the CHIPS and Science Act was signed into law allocating $52.7 billion in funding to the semiconductor industry. The legislation represents a historic investment in a critical industry and is designed to...more

Bond Schoeneck & King PLLC

U.S. Department of Commerce Issues First Notice of Funding Opportunity for Commercial Fabrication Facilities Under the CHIPS Act

On Feb. 28, 2023, the U.S. Department of Commerce (DOC) issued the first Notice of Funding Opportunity (NOFO) for commercial fabrication facilities, which provides the first look at the requirements for semiconductor...more

King & Spalding

U.S. Commerce Department Launches First CHIPS for America Funding Opportunity

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Applications For Leading Edge Commercial Fabrication Facilities And For Current-Generation Facilities Accepted Beginning March 31, 2023 And June 26, 2023, Respectively - On August 9, 2022, President Joseph R. Biden signed...more

Faegre Drinker Biddle & Reath LLP

CHIPS Act Funding: An Opportunity with Strings

The CHIPS and Science Act, passed into law in mid-2022 by the Biden administration, represents a wholesale change in U.S. industrial policy from the prior administration. The law seeks to reinvigorate domestic research and...more

Venable LLP

U.S. Department of Commerce Issues First Notice of Funding Opportunity for CHIPS and Science Act

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On February 28, 2023, the U.S. Department of Commerce issued the first Notice of Funding Opportunity under the CHIPS and Science Act, a 2022 law designed to increase the competitiveness of U.S. semiconductor manufacturing....more

Wiley Rein LLP

Commerce Department Announces First Wave of $39 Billion CHIPS Act Funding Opportunities and Deadlines

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On February 28, 2023, the Department of Commerce (DOC) announced the first round of manufacturing incentives related to the CHIPS and Science Act. Passed by Congress in August 2022, the CHIPS Act provides $39 billion in...more

Wilson Sonsini Goodrich & Rosati

CHIPS Act Funding Kicks Off: First Tranche of Funding Announced

On February 28, 2023, the National Institute of Standards and Technology’s (NIST’s) CHIPS Program Office published the first Funding Opportunity Announcement (FOA) under the CHIPS and Science Act. This initial FOA is directed...more

Jackson Lewis P.C.

Where the Semiconductor Chips Will Fall: What Manufacturers Need to Know About the CHIPS Act

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New law to tackle the shortage of semiconductor chips will direct $280 billion to research and production of semiconductors in the United States. While the dramatic increase in federal grants, loans, and other programs under...more

Adams and Reese LLP

Hurricane Ian Federal Disaster Recovery Funding

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On September 28, 2022, Hurricane Ian, a catastrophic Category 4 storm with winds topping 140mph and a storm surge of up to 18 feet made landfall on the western coast of Florida near Cayo Costa, Florida. The following day,...more

Goodwin

Executive Order for Advancing Biotechnology and Biomanufacturing Innovation Signed by President Biden

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​​​​​​​On September 12, 2022, President Biden signed the Executive Order on Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe, and Secure American Bioeconomy. The objective of the Executive Order...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

Perkins Coie

CHIPS Act Allocates $52 Billion in Subsidies to Revitalize Semiconductor Manufacturing

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There was a global semiconductor shortage throughout the COVID-19 pandemic that severely disrupted supply chains across many industries, highlighting, more than ever, that semiconductors are an essential component to...more

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