Back to Grants
FEDERAL

Advanced Manufacturing Investment Credit

Federal CHIPS Act tax credit equal to 25 percent of qualified investment in eligible semiconductor manufacturing facilities.

About this program

Visit the program website for full details.

Eligibility

Eligible taxpayers are manufacturers of semiconductors or semiconductor manufacturing equipment with qualified property placed in service as part of an advanced manufacturing facility in the United States, including New Mexico.

Requirements

  • Manufacture semiconductors or semiconductor manufacturing equipment
  • Place qualified property in service as part of an eligible advanced manufacturing facility
  • Meet CHIPS Act and IRS eligibility requirements