ICYMI: Secretary Raimondo Delivers Update on CHIPS and Science Act Implementation

WASHINGTON – This week, U.S. Secretary of Commerce Gina Raimondo delivered a major policy address at the Center for Strategic and International Studies (CSIS) on the implementation of President Biden’s CHIPS and Science Act and the leading-edge technology investments by the Department of Commerce to boost innovation and revitalize American semiconductor manufacturing.

President Biden signed the bipartisan CHIPS and Science Act into law to advance U.S. economic and national security, strengthen U.S. supply chains, and create good-paying jobs across the country. Secretary Raimondo’s speech comes as the Biden-Harris Administration continues to roll out the implementation phase of this historic legislation and sets priorities for award recipients to have their facilities operational by the end of the decade to meet the goals of the program.

Watch Secretary Raimondo’s remarks here and read full transcript here.