Tag: CHIPS Act

March 8, 2023

It’s no secret that construction has a problem recruiting and retaining women. A new survey from the nonprofit National Center for Construction Education & Research highlights the unique benefits women bring to construction, obstacles they encounter getting into and staying […]

February 28, 2023

Signed by President Joe Biden in August, the CHIPS and Science Act sets aside over $50 billion to boost U.S. semiconductor manufacturing, R&D and workforce development. Now, the Commerce Department is working to deploy that money. Earlier this month, the […]

October 18, 2022

Researchers and other experts expect millions of new construction jobs in coming months due to the passage of the Infrastructure Investment and Jobs Act, CHIPS Act and the Inflation Reduction Act. That’s in addition to the 407,000 unfilled jobs in […]

September 6, 2022

As head of Ernst & Young’s global construction and engineering practice, Erin Roberts has kept a close eye on the market’s swings during the pandemic. From the tax implications for contractors of federal infrastructure spending to materials hoarding during the […]

August 3, 2022

The White House announced Wednesday President Joe Biden will sign the $52 billion CHIPS Act, which subsidizes the semiconductor industry and provides a 25% tax credit for companies that build facilities in the U.S., on August 9. Platitudes from construction […]

July 28, 2022

U.S. lawmakers voted to send a bill to President Joe Biden that would authorize, as part of $280 billion in spending, $52 billion to boost semiconductor chip manufacturing, including $39 billion toward construction of chip plants. The vote alleviated chipmakers’ […]