This article on IEEE Spectrum offers a snapshot of where CHIPS Act-funded semiconductor projects stand in the United States, highlighting a flurry of early activity followed by a marked slowdown. After the law took effect, the CHIPS Office converted over $30 billion in project funding commitments in just two months leading up to the inauguration of the new administration, suggesting strong momentum toward boosting domestic chip manufacturing.
However, the pace has since decelerated sharply. The article notes that when administrations transition, it is common for the new team to pause and review existing projects before deciding what to continue—a process that may momentarily stall disbursement of remaining funds. Russell Harrison of IEEE‑USA stresses that supporters of the initiative shouldn’t panic yet, as the slowdown is often temporary and tied to broader political and oversight transitions.
Key legislative elements supporting the semiconductor resurgence include substantial funding for fab construction, R&D investments, and workforce development—in total, about $52 billion in direct subsidies plus associated programs under the broader CHIPS and Science Act.
A visual map included in the article shows the geographic distribution of announced and ongoing CHIPS-related projects across U.S. states, underlining the initiative’s ambition to foster production hubs nationally.
In all, while U.S. semiconductor investment surged at the end of one administration, the early months of the subsequent administration have seen a pause, primarily due to administrative filtering and policy assessment rather than project cancellation. Proponents remain cautiously optimistic that full funding and activity will resume as the review process completes.