This program funds projects focused on the construction, expansion, or modernization of commercial facilities related to semiconductor materials and manufacturing equipment. It aims to catalyze sustainable growth in the U.S. semiconductor industry by supporting fabrication, assembly, testing, advanced packaging, production, and R&D facilities. Eligible applicants include nonprofits, private-sector entities, and consortia with proven financing and construction capabilities.
Applicants must be "covered entities," including nonprofit entities, private-sector entities, or consortia thereof, capable of financing and constructing semiconductor-related facilities.