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Preventing the Improper Use of CHIPS Act Funding; Revised Definition of “Material Expansion”

introduced

The Department of Commerce (the Department), through the National Institute of Standards and Technology, is amending the definition of "material expansion" in the September 25, 2023 final rule, Preventing the Improper Use of CHIPS Act Funding, to clarify that the construction of new semiconductor manufacturing facilities falls within the scope of the rule.