What the CHIPS and Science Act Means for Artificial Intelligence

This explainer describes the CHIPS and Science ACT and its impact on AI.
Executive Summary
On July 27, 2022, Congress passed the CHIPS and Science Act (“CHIPS Act”) to spend $280 billion focused on boosting the United States’ scientific research and advanced semiconductor manufacturing capacity to boost U.S. competitiveness against China. Signed into law by President Biden on August 9, 2022, the bill allocates $52 billion in subsidies and tax credits for chip manufacturing companies, and $200 billion for research into AI, quantum computing, and robotics, among other areas. Much of this investment impacts AI—such as investments in developing semiconductors, which companies use to power research and development (R&D) for machine learning and AI—and some of the investment is focused on AI specifically.
This policy explainer describes the CHIPS Act and its impact on AI, including funding allocated to AI-related research and activities and provisions related to new AI capacity-building and development programs. The initiatives created and funded by the bill could help reshape the U.S. AI landscape for years to come.







