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Advanced Manufacturing Investment Credit — Section 48D (CHIPS Act)

Advanced Manufacturing Investment Credit — Section 48D — TY2025 / Filed

Supports United States semiconductor manufacturers by offsetting domestic investments in chipmaking facilities through advanced manufacturing tax credits.

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The Section 48D Advanced Manufacturing Investment Credit, established by the CHIPS Act of 2022, provides semiconductor manufacturers and semiconductor manufacturing equipment makers a credit equal to 25% of the qualified investment basis for eligible property placed in service in the United States. Property must be placed in service after December 31, 2022, and construction must begin before Janua

Semiconductor and semiconductor manufacturing equipment facilities placed in service in the US.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.15 Oct 2026
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.

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Last verified: 22 Jul 2026Source: www.irs.gov