Mark Kelly

08/09/2024 | Press release | Distributed by Public on 08/09/2024 18:10

Kelly Celebrates 2-Year Anniversary of Historic CHIPS and Science Act, Highlights Arizona’s Growth and Innovation

Has spurred more than $100 billion in private investment in Arizona since its passage

Today, Senator Mark Kelly (D-AZ) celebrated the two-year anniversary of the CHIPS and Science Act, a landmark piece of legislation he negotiated that has spurred more than $100 billion of private investment in Arizona's microchip industry that will create at least 37,000 jobs. The law is bringing back American semiconductor manufacturing, strengthening supply chains, and positioning the United States as a leader in technology and innovation.

"Two years ago, we took a decisive step to secure America's economic future by passing the CHIPS and Science Act. Since then, Arizona has emerged as a hub for microchip manufacturing, which is setting the foundation for the future of our economy and creating tens of thousands of good-paying jobs, many of which don't require a four-year degree", said Kelly. "This legislation is not just about making microchips; it's about making sure that America leads in the technologies of tomorrow, which will lower costs for consumers and keep us from relying on supply chains that cross an ocean. The success we've seen in Arizona and across the country is just the beginning."

The CHIPS and Science Act allocated $52 billion in federal support to boost semiconductor production and research, of which Arizona has received significant investment. See below for Arizona awards and allocations:

Semiconductor Fabrication:

Research and Development at Arizona State University (ASU):

  • $15 million to launch a water and climate-focused 'Regional Innovation Engine'.
  • $39.8 million for the development of a Microelectronics Commons to provide students hands-on learning opportunities and jobs in microchip technology.

Workforce Training Programs:

  • $200 million for the National Science Foundation (NSF) to administer the flexible CHIPS for America Workforce and Education Fund.
  • $11 billion for the National Semiconductor Technology Center (NSTC) to support semiconductor research and development, ensure collaboration among stakeholders, and serve as the coordination point for workforce development across the microelectronics ecosystem.

See a more detailed breakdown here.

Since its passage, over $100 billion in private investments have been announced for 38 semiconductor industry projects in Arizona.

See what recipients and stakeholders are saying about the impact of the CHIPS and Science Act:

"The CHIPS For America Act has ignited a semiconductor renaissance in the U.S., and Arizona is leading the charge," said Sandra Watson, President and CEO of the Arizona Commerce Authority. "Arizona leads the nation in new semiconductor investments and expansions and has attracted significant R&D initiatives such as the SWAP Hub led by ASU. We're grateful for the leadership of Senator Kelly and all our federal representatives to pass this historic legislation. We also thank the Biden-Harris Administration, Secretary Raimondo and the CHIPS Program Office, and all our state and local partners for their collaboration to advance U.S. semiconductor leadership."

"Over the last two years, Arizona and Greater Phoenix leadership answered the call of the CHIPS and Science Act by establishing an entire ecosystem that fulfills the end-to-end needs of the semiconductor industry," said Greater Phoenix Economic Council President & CEO Chris Camacho. "The CHIPS Act, with Sen. Kelly's advocacy, helped solidify Greater Phoenix's stature as the center of domestic semiconductor manufacturing, strengthening not just Arizona's economy but also the nation's domestic and national security. As companies like Amkor, Intel and TSMC continue to grow in Greater Phoenix with the help of CHIPS funding, we look forward to adjacent growth of U.S. competitiveness in this industry."