On July 20, the chip act of the United States, which has attracted the attention of the industry, ushered in the latest progress. The US Senate welcomed support for the bill with 64 in favor and 34 against.
It is reported that after the Senate votes, the house of representatives still needs to approve the funds of the chip bill, and then submit it to the White House for signature before it can take shape. At present, the final text of the bill has not been published, and relevant details are still being further discussed. The United States intends to complete the legislation before the Congress adjourns in August.
According to the public information before this, the chip act of the United States plans to provide 52 billion US dollars of subsidies, including direct subsidies for semiconductor manufacturers, equipment suppliers and material suppliers, and 25% tax relief for semiconductor production or semiconductor equipment facilities, with the aim of promoting the development of the semiconductor manufacturing industry in the United States.
In addition, according to the Financial Times report, the Democratic Party's staff said that Schumer, the majority leader of the Senate, plans to push his colleagues to approve this version of the $52 billion "chip bill", which includes the "Fabs act" that provides tax concessions for factory construction and $1.5 billion for the construction of 5g networks.
In addition, it is worth noting that in addition to the United States, the European Union has also launched its own chip support program. On February 8 this year, the European Commission officially announced the European chip act, which plans to invest more than 43 billion euros of public and private funds to boost the European chip industry. The EU plans to increase the global chip production share from the current 10% to 20% by 2030.
The European chip act mainly includes three main components: the European chip initiative, a new framework to ensure supply security, and a coordination mechanism at the EU level. Among them, the European chip initiative will pool the relevant resources of the EU, its member states and third countries, and establish a chip fund to ensure the security of supply. The provisions of the act also include monitoring the export mechanism of EU produced chips, which can control chip exports in times of crisis; It emphasizes strengthening the research and development capacity of the EU in the field of chips, allowing countries to support the construction of chip production facilities and small start-ups.