The U.S Department of Commerce recently released the first of three expected Notices of Funding Opportunities under the CHIPS and Science Act of 2022. This act aims to develop the domestic semiconductor supply chain, provide jobs, restore the country’s leadership in semiconductor manufacturing, and advance U.S. national and economic security. 

In our latest alert, found on, our team examines how a primary focus when evaluating funding applications is how proposed projects will advance U.S. national and economic security.