New rules have been proposed for the CHIPS Incentives Program by the Department of Commerce. The national security guardrails are intended to ensure technology funded by the CHIPS and Science Act is not used for malign purposes by adversarial countries against the United States or its allies and partners.
The proposed rule offers additional details on national security measures applicable to the CHIPS Incentives Program, limiting recipients of funding from investing in the expansion of semiconductor manufacturing in foreign countries of concern.