Intel is Receiving the Largest US CHIPS Grant 🔬

What we’re showing

This graphic shows which companies are receiving grants from the U.S. CHIPS Act, as of April 15, 2024. These grants are intended to accelerate the production of semiconductor fabrication plants (fabs) across the U.S.

Home court advantage

Intel is receiving the largest share of the pie, with $8.5B in grants plus $11B in government loans. This accounts for 22% of the Act’s total subsidies for chip production.

Intel is expected to invest an additional $100B to construct plants in Arizona, Ohio, New Mexico, and Oregon.

TSMC expands its U.S. presence

Meanwhile, TSMC is planning a chip plant in Arizona with total investment of $65B. The plant’s first fab will be up and running in H1 2025, leveraging 4nm technology.