Semiconductor industry and market
Which law, enacted in the US in 2022, provides large subsidies and more for domestic semiconductor manufacturing and research and development?
- ACHIPS Act (CHIPS and Science Act)
- BRoHS Directive
- CREACH Regulation
Show answer and explanation
Answer: A. CHIPS Act (CHIPS and Science Act)
The CHIPS and Science Act provides more than 50 billion dollars, centered on manufacturing subsidies, to support building chip fabs and research and development in the US. Many companies have since moved ahead with new fabs in the US. Japan, Europe, South Korea and others have launched similar support measures.
- A. Correct. It is a law supporting the US semiconductor industry.
- B. The RoHS Directive is the EU restriction on hazardous substances.
- C. The REACH Regulation is the EU chemicals regulation.