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U.S. Commerce Department Investment Tax Credits Federal Funding

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

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

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