Implementation of the CHIPS Act of 2022

This executive order establishes an interagency steering council to coordinate implementation of the CHIPS Act of 2022, directing agencies to prioritize domestic semiconductor manufacturing, supply chain security, workforce development, and taxpayer accountability. It creates governance structures but does not itself allocate funds or establish new regulatory requirements.

Federal Register Open PDF 87 FR 52847

Key directives

Establish CHIPS Implementation Steering Council within EOP
Designate APEP, APNSA, and OSTP Director as Co-Chairs
All agencies shall prioritize six implementation areas: taxpayer protection, economic/sustainability/national security needs, long-term sector leadership, private-sector investment catalysis, broad stakeholder benefits, regional ecosystem expansion
OMB shall promote and monitor effective stewardship of taxpayer resources
Co-Chairs may create subgroups and consult external stakeholders

Timeline

Immediate

Steering Council established within Executive Office of the President
Co-Chairs designated (APEP, APNSA, OSTP Director)
Agency membership specified

Near term (90d)

Steering Council coordination of policy development begins
OMB monitoring of taxpayer stewardship initiated
Potential creation of subgroups and external consultations

Long term

Implementation of CHIPS Act incentives for semiconductor R&D and manufacturing
Regional manufacturing and innovation ecosystem development
Long-term microelectronics sector leadership goals

Risks & tensions

No binding deadlines or funding triggers in EO itself; all implementation dependent on CHIPS Act statutory timelines and appropriations
Broad stakeholder inclusion (labor, small business, disadvantaged communities) may create competing priorities with speed-to-market goals
Coordination across 14+ agencies plus invited participants risks bureaucratic friction
Vague 'as appropriate and to the extent consistent with law' language throughout limits enforceability of priorities