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  "documentTitle": "The CHIPS and Science Act: Here’s what’s in it",
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  "notes": "The slide uses a bubble-based decomposition to show how the $50B total is allocated across different initiatives.",
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      "text": "The US Department of Commerce will oversee $50 billion in investments to expand domestic manufacturing of mature and advanced semiconductors.",
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      "text": "2 \"Analysis for CHIPS Act and BIA briefing,\" US Department of Commerce press release, April 6, 2022.",
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      "text": "Shoring up semiconductors: Shortages of semiconductors dented US economic growth by nearly a quarter-trillion dollars in 2021, according to the US Department of Commerce. To expand domestic manufacturing of mature and advanced semiconductors, the Department of Commerce will oversee $50 billion in investments over five years, including $11 billion for advanced semiconductor R&D and $39 billion to accelerate and drive domestic chip production ($6 billion of which can cover direct loans and loan guarantees).",
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      "text": "Source: US Department of Commerce",
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