CHIPS and Science Act (CHIPS)

Manufacturing Investment Announcements

All data represented below is following the signing of the CHIPS and Science Act on August 9, 2022 and the Inflation Reduction Act (IRA) on August 16, 2022. Investment announcements prior to the related bill's signing date are not included.

Last Updated: 11/14/24

Total Investment Dollars (IRA + CHIPS)

$388 BILLION

Total Jobs Created (IRA + CHIPS)

135,800 JOBS

Inflation Reduction Act (IRA)

$116 BILLION

Total Projects

181

Total Jobs Created

99,500 JOBS

CHIPS and Science Act (CHIPS)

Total Projects

37

Total Investment Dollars

$272 BILLION

Total Jobs Created

36,300 JOBS

Inflation Reduction Act (IRA)

CHIPS and Science Act (CHIPS)

Announced investment, billions of dollarsIRA$116 BCHIPS$272 BJobs createdIRA99,500CHIPS36,300
Announced totals as of the last update of this page (November 14, 2024). Figures come from public company announcements made after both bills were signed in August 2022.

*NEW* 2024 ELECTION RESULTS DATA

Election Results Data by Investment Location

CHIPS Election Data Not Yet Available

“The Inflation Reduction Act is really starting to get traction across the industry. The pace of battery manufacturing announcements is really accelerated. It feels like there’s at least one a week — these are the sort of things that would have been on the scale of one every five years just a couple of years ago.”

JB Straubel; Founder and CEO of Redwood Materials

December 14, 2022

Source: Bloomberg

Independent research portfolio. Figures come from public announcements.

© 2026 Jack Conwell