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24 Mar 2023
US Dept of Commerce Reiterates Strict Control of Chip Policy
U.S. Commerce Department Secretary Gina Raimondo has doubled down on an earlier policy (as reported by IDCA) to prevent China from benefitting from any of the $52 billion allocated for semiconductor development in the US by the Biden Administration's US Chips & Science Act.
Having previously said new semiconductor development was a matter of national security, Commerce has restated new chips will have tight restrictions.
The restrictions encompass “current-generation and mature-node chips used for quantum computing, in radiation-intensive environments, and for other specialized military capabilities,” according to Commerce policy. Overall there is simply "a more restrictive threshold for logic chips than is used for export controls."
Secretary Raimondo said "these guardrails will help ensure (the United States) stays ahead of adversaries for decades to come."
The Department has also started to accept applications into a new program that creates a 25% investment tax credit for building chip fabs.
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