Like previous COMPETES Act legislation, the CHIPS Act authorizes robust increases in federal funding for the National Science Foundation, the National Institute of Standards and Technology, the Department of Energy’s Office of Science, and other federal research agencies. The CHIPS Act also authorizes programs that promote the growth of the STEM and semiconductor workforces, as well as federal programs that benefit graduate STEM education and broadens access and participation for underrepresented groups in the STEM disciplines.
To broaden participation and access of women and underrepresented minorities, the CHIPS Act includes increased federal funding for Hispanic Serving Institutions, Historically Black Colleges and Universities, Minority-Serving Institutions, and emerging research institutions. The CHIPS Act also authorizes significant investments in the research infrastructure at these universities.
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