WebApr 9, 2024 · This new program represents the first tranche of CHIPS funds to be made available, and it’s a relatively small fraction of the nearly $53 billion bounty — $1.6 billion in total over five years. WebMar 14, 2024 · The International Technology Security and Innovation Fund (“ITSI Fund”) appropriated under the CHIPS Act of 2024 provides the Department with $500 million ($100 million per year over five years, starting in Fiscal Year 2024) to address these objectives through new programs and initiatives with our allies and partners.
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