U.S. Establishes Investment Accelerator to Oversee CHIPS Office

CHIPs and Science Act Semiconductor

On March 31, 2025, the White House announced that U.S. President Donald J. Trump had signed an Executive Order establishing the United States Investment Accelerator, a new office within the U.S. Departmentof Commerce. The office will be responsible for facilitating and accelerating large-scale investments of more than $1 billion across the United States, including administration of the CHIPS Program Office.

The newly established U.S. Investment Accelerator will coordinate CHIPS Act oversight and streamline semiconductor-related projects across federal agencies. (Stock Image)

The Executive Order outlines a range of activities intended to position the United States as the premier destination for significant industrial investment. According to the announcement, the Investment Accelerator will reduce regulatory burdens, speed up permitting, coordinate investor-related issues across U.S. federal agencies, increase access to national resources, facilitate collaboration with U.S. national laboratories, and work with all 50 U.S. state governments and their economic development organizations—each in accordance with applicable law.

The Investment Accelerator will also assume oversight of the CHIPS Program Office. As part of that responsibility, the White House states that the Accelerator will “deliver the benefit of the bargain for taxpayers” by negotiating what it describes as more favorable CHIPS Act funding terms than those arranged by the previous administration.

The initiative aims to remove administrative and regulatory complexity that can slow domestic and international capital investment. By streamlining processes and creating a centralized federal resource, the Administration intends to increase the speed and scale of deployment for semiconductor and strategic technology investments.

According to the announcement, more than $3 trillion in private capital investment has already been secured during President Trump’s second term. The White House describes the new Investment Accelerator as a key tool for “supercharging” future private-sector investment in advanced manufacturing and infrastructure, including semiconductor production capacity.

Last month, the Administration issued a memorandum to promote foreign investment while protecting U.S. national security interests. The Investment Accelerator expands on that objective by creating a unified platform to encourage and support companies making strategic, high-value investments inside the United States.

Image Caption:
The new U.S. Investment Accelerator will support semiconductor investment by coordinating CHIPS Act oversight and cross-agency permitting. (Image courtesy of the White House)

For more information, visit www.commerce.gov.

View the Fact Sheet here:  https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-united-states-investment-accelerator/


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