Stanton Marks Four Years of CHIPS Act with Facility Visits, Highlights Impact Across Arizona - Congressman Greg Stanton (.gov)

Congressman Greg Stanton marked the fourth anniversary of the CHIPS Act with facility visits across Arizona, highlighting the legislation's broad impact on semiconductor manufacturing. The CHIPS Act, ... Read original →

Four years after the CHIPS Act implementation, its ripple effects across the semiconductor ecosystem are becoming evident. Technologically, the legislation has catalyzed domestic investment in advanced manufacturing, particularly in EUV lithography and high-purity silicon wafers, prompting upstream equipment vendors like ASML and Lam Research to expand U.S. production capacity. Compliance costs are rising as companies navigate stricter export controls, especially in dealings with Taiwan, China and Hong Kong, China. Globally, TSMC and Samsung are accelerating investments in the U.S. and Europe to secure strategic positioning. Over the next 12-24 months, U.S. manufacturing capacity is expected to reach 85% utilization, driving a talent and capital influx that will solidify a self-reinforcing tech-industrial ecosystem.