How Will the Chips for America Act Impact the U.S. Economy?

BDO in the Boardroom

Key Takeaways:

Funding for the CHIPS Act has been signed into law. This act provides tremendous opportunities for semiconductor industry organizations to expand production in the U.S. and additionally, provides many other benefits to the economy.

This podcast discusses:

• Opportunities for national economic initiatives for organizations that can pass threshold question – How does the project enhance national economic security?
• Under the Act, lessons have been learned from PPP funding during COVID and the need for attestations to counter fraudulent/inappropriate use of funding, which came back to haunt many companies who could not support their use of PPP funds after the fact.

Resources:

• Archive Webinar - The CHIPS Act Has Passed: Now What?
• What Semiconductor Organizations Need to Know about the CHIPS For America Act
• Semiconductor Industry Association