Sino-American Silicon Products Receives $200 Million from CHIPS Act for US Projects

GlobalWafers has received $200 million from the CHIPS Act for its US projects, marking a significant investment in the US semiconductor industry. The funding will support GlobalWafers' expansion in the US and help the company meet growing demand for semiconductors. The CHIPS Act aims to boost the US semiconductor industry and reduce reliance on foreign suppliers.

GlobalWafers Inc. has received $200 million in funding from the CHIPS Act for its U.S. projects, marking a significant investment in the domestic semiconductor industry. The funding will support GlobalWafers' expansion in the United States and help the company meet growing demand for semiconductors. The CHIPS Act, enacted in 2022, aims to bolster the U.S. semiconductor industry and reduce reliance on foreign suppliers [1].

The CHIPS Act provides substantial financial support to semiconductor manufacturers, encouraging them to invest in U.S. production facilities and research and development. GlobalWafers' $200 million grant is part of this broader initiative to strengthen the semiconductor supply chain within the United States. The company plans to use the funding to expand its operations and enhance its capacity to produce high-quality semiconductor wafers, which are crucial components in the manufacturing of microchips.

GlobalWafers' investment in the U.S. aligns with the broader strategic objectives of the CHIPS Act, which seeks to create a more resilient and self-sufficient semiconductor industry. The act also includes provisions to strengthen national security by reducing dependence on foreign semiconductor suppliers. By investing in U.S. projects, companies like GlobalWafers are helping to achieve these goals and contribute to the overall economic and technological competitiveness of the United States.

The funding from the CHIPS Act is part of a larger trend of increased government support for the semiconductor industry. In August 2025, President Trump announced a 100% tariff on imported semiconductors, aiming to boost domestic manufacturing and reduce reliance on foreign chip production. This move, while controversial, has created opportunities for companies that commit to building or expanding manufacturing facilities in the U.S. [3].

GlobalWafers' investment in the U.S. is a strategic move that positions the company to benefit from these government initiatives. By expanding its operations in the United States, GlobalWafers can avoid import costs, strengthen its supply chain, and contribute to the growth of the domestic semiconductor industry. The company's commitment to U.S. manufacturing aligns with the broader goals of the CHIPS Act and President Trump's tariff policy.

In conclusion, GlobalWafers' $200 million grant from the CHIPS Act is a significant investment in the U.S. semiconductor industry. The funding will support the company's expansion in the United States, helping to meet growing demand for semiconductors and contribute to the broader objectives of the CHIPS Act. As the semiconductor industry continues to evolve, companies like GlobalWafers that invest in U.S. production will play a crucial role in shaping the future of the industry.

References:
[1] https://www.inkl.com/news/intel-ceo-lip-bu-tan-faces-gop-firestorm-over-china-ties-tom-cotton-demands-answers-on-8-billion-chips-act-grant-cites-military-links
[2] https://www.rappler.com/technology/tsmc-potential-trade-secret-leaks-august-2025/
[3] https://247wallst.com/investing/2025/08/07/3-big-winners-from-trumps-shock-100-semiconductor-tariffs/