The CHIPS and Science Act of 2022: New developments and what to do now

In this external client webcast, our panel of subject matter professionals from EY share their insights on opportunities related to the CHIPS and Science Act of 2022..

The CHIPS and Science Act of 2022 aims to build a domestic US supply chain for semiconductor chips in the face of foreign competition. The law includes $52.7 billion in funding for semiconductor manufacturing subsidies, grants and loans.

Building on our initial CHIPS webcast of 2022, our panel of subject matter professionals from EY will share their insights on the application process and their thoughts on the opportunities related to semiconductors and the law. 

Topics to be discussed include:

  • Current trends and perspectives in the semiconductor industry

  • Discussion of CHIPS for America Notice of Funding Opportunity (NoFO)

  • Refresh on Advanced Manufacturing Investment Credit (AMIC)

  • Analysis of proposed regulations from Dept of Commerce and Dept of the Treasury

  • Milestones of critical dates for CHIPS grants, incentives and credits
  • What you need to do now to optimize your opportunity


  • Angela Styles, Partner, Akin Strauss Hauer & Feld LLP

  • Josh Teitelbaum, Senior Council,  Akin Strauss Hauer & Feld LLP

  • Ronald J Hofmeister, EY Global Semiconductor Leader

  • Brian Smith, EY Global/ Americas Location Investment, Credits and Incentives Leader

  • Amy A King, EY Global Technology Assurance Leader

  • Scott T Mackay, EY US National Tax Accounting Periods, Methods & Credits Leader


CPE credits: 0.0

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