MATSUI STATEMENT ON INITIAL ROLLOUT OF CHIPS FUNDING
Matsui Co-Authored CHIPS Act to Secure Semiconductor Funding and Address Supply Chain Shortage
WASHINGTON, D.C. – Today, Congresswoman Doris Matsui (D-CA), co-author of the Creating Helpful Incentives for the Production of Semiconductors (CHIPS) for America Act, issued the following statement on Commerce Secretary Gina Raimondo publishing the Notice of Funding Opportunity for the 1st phase of CHIPS funding.
“Today’s Notice of Funding Opportunity is the first step in fulfilling the goal of the bipartisan CHIPS Act: reasserting American leadership in the strategically important semiconductor industry,” said Congresswoman Matsui. “It is both an economic and national security imperative to ensure this funding is distributed quickly to support the next generation of high-tech manufacturing and research and development. As the House Democratic lead of the CHIPS Act, I want to thank Secretary Raimondo for her leadership and look forward to working with her to implement it fully.”
Congresswoman Matsui introduced the original CHIPS Act in June 2020 alongside Rep. Michael McCaul (R-TX) and Senators John Cornyn (R-TX) and Mark Warner (D-VA). She successfully included an amendment based on the CHIPS Act as part of the FY21 National Defense Authorization Act (NDAA)to enable the building and modernization of semiconductor manufacturing facilities in America. She led efforts to secure this funding through the CHIPS and Science Act.
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