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80 PCB007 MAGAZINE I JULY 2022 Feature Interview by Nolan Johnson I-CONNECT007 In this interview with Chris Peters at U.S. Partnership for Assured Electronics (USPAE), Nolan Johnson seeks for better understand- ing regarding the implications of funding the CHIPS Act. Frankly, where and how will the $52 billion be spent? Who will decide how the funds are allocated? And surprisingly, who will benefit the most from this boost into the microelectronics industry? Nolan Johnson: As executive director at USPAE, what is your take on industry investment? ere seems to be a lot of belief, whether it's entirely true or not, that much of the IC and PCB legislative funding is meant to help us become more stable in the DoD. A Deeper Look at the CHIPS Act Investment Chris Peters: Let's just talk about the CHIPS Act, where Congress has proposed $52 billion in funding. Most of it will be funneled through the Department of Commerce, with just sev- eral billion targeted to the DoD and a focus on advanced packaging. Johnson: What does this mean for the manu- facturers? How will their competitive market- place change? Peters: It will be interesting, because much of the money will be for developing new capabil- ities, where we need substrate capabilities and more advanced packaging in the United States. It looks like the money will likely be geared

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