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Company Directory - Chips Act

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Chips Act

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The Chips Act is U.S. legislation aimed at boosting domestic semiconductor production. It provides grants to chipmakers and encourages innovation in the semiconductor industry, supporting the nation's economic and technological growth during President Biden's term.

CCI Score

CCI Score: Chips Act

52.88

-0.03%

Latest Event

CHIPS Act Bolsters Domestic Chip Production Amid Political Opposition

The CHIPS Act, enacted to enhance domestic semiconductor manufacturing with $30 billion in support for 23 projects creating 115,000 jobs, is highlighted in recent coverage as a progressive measure to strengthen U.S. technological and economic independence. At the same time, comments from President Trump about imposing tariffs and altering federal contracts underscore political pressures aiming to undermine these initiatives, revealing a clash between expansionist, public-benefit policy and authoritarian interference.

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LEADER

Chips Act is currently rated as a Leader.

+45 to +100 CCI Score
Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

  • CHIPS Act Bolsters Domestic Chip Production Amid Political Opposition Logo
    FEB
    16
    2025

    The CHIPS Act, enacted to enhance domestic semiconductor manufacturing with $30 billion in support for 23 projects creating 115,000 jobs, is highlighted in recent coverage as a progressive measure to strengthen U.S. technological and economic independence. At the same time, comments from President Trump about imposing tariffs and altering federal contracts underscore political pressures aiming to undermine these initiatives, revealing a clash between expansionist, public-benefit policy and authoritarian interference.

  • +60

    Public and Political Behavior

    April 15

    The CHIPS Act reflects robust public policy that promotes domestic job creation and technological independence, thereby countering authoritarian tendencies. Its objective of fostering self-reliance in critical industries is a strong progressive move, even as it faces challenges from politically motivated tariff threats.

    CHIPS Act: What changes could mean for AI growth, consumers | AP News

  • +50

    Technology and Services Impact

    April 15

    By injecting significant funds into domestic semiconductor production, the CHIPS Act advances U.S. technological capabilities, supporting growth in AI and related fields. This proactive approach in the technology sector underscores its positive impact in a globally competitive market.

    CHIPS Act: What changes could mean for AI growth, consumers | AP News

  • +50

    Economic and Structural Influence

    April 15

    The CHIPS Act's allocation of $30 billion for domestic projects represents a significant economic stimulus, reinforcing infrastructure and job creation in critical sectors. This strengthens national economic resilience and reduces dependence on foreign sources, aligning with progressive economic strategies.

    CHIPS Act: What changes could mean for AI growth, consumers | AP News

  • CHIPS Act Stimulates U.S. Semiconductor Production Logo
    AUG
    22
    2024

    The CHIPS Act, through substantial manufacturing incentives and grants, has spurred over 80 new semiconductor projects across 25 states, leading to $450 billion in private-sector investments and reshaping the U.S. semiconductor landscape with benefits for domestic production, job creation, and supply chain resilience.

  • +40

    Public and Political Behavior

    April 15

    The CHIPS Act represents bipartisan political support that reinforces U.S. sovereignty by bolstering domestic manufacturing. This policy reduces reliance on foreign, potentially authoritarian, supply chains and strengthens national security.

    The Effects of the CHIPS Act

  • +15

    Business Practices and Ethical Responsibility

    April 15

    By incentivizing reshoring and domestic production, the CHIPS Act encourages more ethical business practices and supports local industries. This shift can lead to improved labor conditions and a reduction in exploitative offshoring practices.

    The Effects of the CHIPS Act

  • +20

    Technology and Services Impact

    April 15

    The act boosts the domestic production of advanced semiconductors, fostering a robust technology environment that diminishes reliance on firms from authoritarian regions. This promotes innovation and supports national technological sovereignty.

    The Effects of the CHIPS Act

  • +30

    Economic and Structural Influence

    April 15

    Through massive structural shifts in manufacturing and supply chains, the CHIPS Act drives economic recalibration and resilience. This strategic shift supports long-term economic sovereignty and reduces vulnerability to external, authoritarian economic pressures.

    The Effects of the CHIPS Act

  • CHIPS Act Workforce Funding Launch Logo
    JUL
    02
    2024

    The Biden administration has initiated funding for workforce development projects under the CHIPS Act to address a projected labor shortage in the semiconductor industry. The established Workforce Partner Alliance will fund proposals aimed at training researchers, engineers, and technicians, with initiatives that include support for apprenticeships and services such as childcare and transportation.

  • +70

    Public and Political Behavior

    April 15

    The initiative demonstrates proactive public policy by using federal funding to address labor shortages, safeguard worker rights, and bolster workforce training, all of which are aligned with progressive, anti-authoritarian goals.

    Biden rushes to avert labor shortage with CHIPS act funding for workers

  • +80

    Labor Relations and Human Rights Practices

    April 15

    By funding training programs, apprenticeships, and supportive measures for workers, the initiative supports labor rights and promotes equitable workforce development, countering trends that undermine worker protections.

    Biden rushes to avert labor shortage with CHIPS act funding for workers

  • CHIPS Act Enforces Prevailing Wage and Labor Standards Logo
    FEB
    23
    2023

    The CHIPS Act, through its funding mechanisms for semiconductor-related construction projects, mandates strict adherence to federal labor laws including the Davis-Bacon Act. As part of the funding requirements, applicants must submit a construction workforce plan ensuring compliance with prevailing wage and other labor standards, thereby bolstering worker protections.

  • +80

    Labor Relations and Human Rights Practices

    April 15

    By requiring CHIPS Act-funded projects to comply with prevailing wage laws and comprehensive labor obligations, the legislation enforces strong labor practices and protects worker rights. This intervention supports fair wages and safer working conditions, aligning with anti-authoritarian, pro-worker principles that counter exploitative labor practices.

    Prevailing Wages and More: Developer and Contractor Obligations in CHIPS Act-Funded Construction Projects

Industries

334412
Bare Printed Circuit Board Manufacturing
334413
Semiconductor and Related Device Manufacturing
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)